For that indicator, The World Bank provides data for Brazil from 2000 to 2018. The average value for Brazil during that period was 57.68 percent with a minimum of 30.05 percent in 2003 and a maximum of 96.27 percent in 2008.
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The stock market turnover ratio in Brazil equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Brazil is. A country may have many listed companies but few active trades. Conversely, there may be few listed companies but many trades.
Definition: Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.