Foreign investors lower exposure in Greek market in January

Foreign investors lowered their exposure in the capitalisation of the Greek stock market in January, with their share falling to 60 pct from 61.4 pct in December. Excluding the participation of Hellenic Financial Stability Fund (HFSF), their share eased to 62.6 pct from 64.3 pct over the same periods, respectively.

Greek investors’ market share in the capitalisation of the Greek stock market was 40 pct in January, up from 38.6 pct the previous month.

Foreign investors were net buyers with capital inflows totaling 37.1 million euros, while Greek investors were net sellers with capital outflows worth 37.09 million euros. Foreign investors accounted for 53.2 pct of market transactions in January, from 52 pct in December and 61.9 pct in January 2016.

The value of transactions amounted to 838.59 million euros in January, down 30.4 pct from December, and down 41 pct from January 2016 (1.422 billion euros). Average daily turnover was 39.93 million euros in January, down from 57.39 million in December and 74.84 million in January 2016.

The number of active investor codes grew to 16,869 in January from 16,464 in December, but down from 17,556 in January last year. The market’s capitalisation was 36.02 billion euros at the end of January, down 8.3 pct from the previous month but up 5.7 pct from January 2016.