Foreign investors cut exposure in Greece stock market in June‏

Gazzetta team
Foreign investors cut exposure in Greece stock market in June‏
Foreign investors reduced their exposure to the Greek stock market in June, with their share in the market’s capitalisation falling to 47.6 pct in June (including the participation of the Hellenic Financial Stability Fund), while excluding HFSF’s participation foreign investors’ share eased to 58.4 pct in June from 59.2 pct in May.

In June, foreign investors were net sellers with capital outflows totaling 97.76 million euros, while Greek investors were net buyers with capital inflows totaling 100.64 million euros. Foreign investors accounted for 53 pct of total transactions in the market in June (up from 51.8 pct in May but sharply down from 66.8 pct in June 2014).

The value of transactions totaled 1.849 billion euros in June, up 9.8 pct from May, but down 48.3 pct from the same month last year. Average daily turnover was 97.33 million euros in June, up from May (84.22 million) but down from June 2014 (179 million euros).

The number of active investor codes rose to 33,912 in June, from 24,581 in May and from 32,143 in June last year. The market’s capitalisation totaled 40.99 billion euros at the end of June, down from 42.46 billion a month earlier (a decline of 3.5 pct) and sharply down from 69.86 billion euros in June 2014.

Source: anampa.gr