Foreign investors raise participation in Greek market cap
Foreign investors slightly raised their participation in the capitalization of the Athens Stock Exchange in February to 51.5 pct, from 50.8 pct in January.
Greek investors cut their share in the market to 47.1 pct from 47.7 pct over the same period, respectively. Foreign investors were net buyers in February, with capital inflows totaling 42.08 million euros. On the other hand, Greek investors were net sellers with capital outflows of 43.55 million euros.
The value of transactions totaled 1.180 billion euros in February, down 24.4 pct from January, and down 29.9 pct from February 2012. Average daily turnover was 59.02 million euros in February, down from 70.95 million in January and significant lower compared with 84.17 million euros in February last year.
The market’s capitalization was 38.18 billion euros at the end of February, up 2.5 pct from January and 30.1 pct higher from February 2012.