Foreign investors net buyers in ASE in October
Foreign investors cut their exposure in the Greek stock market in October, with their share in the capitalization of the Athens Stock Exchange falling to 51.8 pct on a monthly basis, while excluding the participation of Hellenic Financial Stability Fund their share rose to 56.8 pct from 56.3 pct in September.
Greek investors owned 37.8 pct of the market’s capitalization at the end of October.
Foreign investors were net buyers with capital inflows totaling 25.45 million euros, while Greek investors were net sellers with capital outflows of 25.72 million. Foreign investors accounted for 58.6 pct of market transactions in October, up from 53.2 pct in September but down from 63 pct in October 2014. The value of transactions totaled 782.18 million euros, up 18 pct from September, but down 75.1 pct from October 2014.
Average daily turnover was 37.25 million euros in October, up from 30.13 million in September, but sharply down from 142.97 million in the same month last year.
The number of active investor codes fell to 16,715 in October, from 17,074 in September, but down from 28,897 in October 2014.
The market’s capitalization was 33 billion euros at the end of October, up 7.1 pct from September, but down 37 pct from October 2014.
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