Foreign investors raised their participation in the capitalisation of the Athens Stock Exchange to 51.6 pct in January, up from 50.4 pct in December and 48.9 pct in January 2010, while Greek investors’ participation fell to 47.2 pct from 48.2 pct in December, figures showed on Monday.
Foreign investors were net buyers in January with inflows totaling 103.3 million euros, while Greek investors were sellers with capital outflows totaling 90.33 million euros. Foreign investors accounted for 48 pct of total transactions, up from 46.5 pct in December, but down from 55 pct in January 2010, leaving Greek private investors with a 28.4 pct share of transactions.
The market’s capitalization totaled 59.5 billion euros, up from 54.3 billion euros in December, for an increase of 9.5 pct, although the figure was down 24 pct compared with January 2010. Average daily turnover was 112.3 million euros in January, up from 75.4 million euros in December and down from 230.4 million in January 2010.