Abstract
This article examines the speed at which shares change hands and the empirical link between the float level and the volume of traded shares on the stock market of the regional stock exchange using secondary data from the Regional Council. The results indicate that all shares listed on the regional stock exchange value (BRVM) are less rotational and the volume of traded shares on the market is positively correlated with the volume of outstanding shares. This leads to the conclusion that most investors' approach is based on conservation of shares in the regional stock exchange value (BRVM). This will inevitably lead to a reduction of the depth and liquidity of the market due to the scarcity of shares involved on the market.
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