Athens Stock Exchange Holds Strong International Interest
- Written by E.Tsiliopoulos
Foreign investors remained net buyers for the 20th successive months on the Athens Stock Exchange, raising their share in the Greek market capitalization from 60.4% by 0.2%.
However, if the participation of the Hellenic Stability Fund is factored in, then the participation of foreign investors in the Greek market was 43.5%, up by 2.1% from May.
Foreign investors were net buyers with capital inflows totaled 253.96 million euros in June, while Greek investors were net sellers with capital outflows of 246.25 million.
Foreign investors accounted for 66.8 pct of all transactions in the market in June (down from 72.5 pct in May but up from 45.3 pct in June 2013). Turnvoer totaled 3.580 billion euros, down 26.8 pct from May, but up a spectacular 190.8 pct compared with June 2013. Average daily turnover was 179 million euros, down from 232.87 million euros in May, but up from 64.79 million in June last year.
The number of active investor codes eased to 32,143 in June, from 35,108 in May. The market’s capitalisation was 69.6 billion euros at the end of June, down 1.5 pct from May, but up 18.7 pct from June 2013.