The Stock Exchange of Hong Kong August Market Statistics

The average daily turnover for the 22 trading days in August was HKD5,828 million, a decrease of 34 per cent compared with the previous month. Total turnover value for the month was HKD128,209 million compared with HKD184,176 million in July. A total of 84,498 million shares changed hands in August, compared with 132,468 million shares in July. The average daily turnover by volume was 3,841 million shares, down 39 per cent from July. The total number of trades during the month was 1,604,591 which was 28 per cent less than in July. Average daily turnover for the first eight months of the year was HKD6,582 million, compared with HKD7,381 million in the same period last year. Total turnover by value was HKD1,079,458 million during the first eight months of the year, compared with HKD1,210,504 million for the same period last year. During the first eight months of the year, the average daily turnover by volume was 4,397 million shares, compared with 3,296 million shares during the corresponding period of 1998. A total of 721,186 million shares were traded during the first eight months of this year, compared with 540,526 million shares during the same period in 1998. The market capitalisation at the end of August 1999 was HKD3,586,618 million compared with HKDS1,960,803 million on the same date last year, an increase of HKD1,625,815 million or 83 per cent. The total number of listed companies was 688 on 31 August 1999, against 673 on 31 August 1998.