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    #1

    Question the market value is $567890 today

    Hi,

    The market capitalization of a public corporation is $100 millions.

    In today's stock market, the volume of that public corporation is 123456 hands, and the total trading price is $567890.

    What words can be used to express the meaning of "total trading price"? I want to express the total amount (money) of stocks that were traded during today in stock market.

    I guess it is "market value" (For example: the market value is $567890 today), but I am not sure, please help to confirm.

    Thanks.

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    #2

    Re: the market value is $567890 today

    You can say Shares valued at $567,890 changed hands today.

    Note that million is singular when it's part of a precise number. You write many millions of dollars but $123 million.
    I am not a teacher.

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    #3

    Re: the market value is $567890 today

    Thanks.

    I need a noun for other purpose. Can I say "The change hands is $567,890"?

    I only know the unit of volume is "hand" in financial market, I never heard that money can also be expressed by hand.

  1. Matthew Wai's Avatar
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    #4

    Re: the market value is $567890 today

    Quote Originally Posted by fenglish View Post
    I only know the unit of volume is "hand" in financial market
    I only know that is the case if 'hand' is literally translated into your native language, but I doubt that is the same in English because 'hand' does not have such a meaning according to this financial dictionary http://financial-dictionary.thefreedictionary.com/hand
    I am not a teacher.

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