Greece: Foreign investors return to ATHEX

International investors recorded inflows of EUR 40.5 mln on the Athens Stock Exchange with Hellenic Exchanges reporting in its monthly bulletin for March that foreign institutional investors recorded inflows of EUR 9.8 mln.
Greek investors were overall net sellers by EUR 40.1 mln, with retail investors recording outflows of EUR 1.5 mln. In the January-March period, foreign investors were net buyers of EUR 110.2 mln, while domestic investors net sellers of EUR 108.8 mln.
The average daily value of transactions shaped at EUR 65.5 mln in March, compared to 59 mln in the previous month and 50.6 mln in the same month a year ago. Foreign investors accounted for 48.8% of total turnover, up from 34.6% in February and 37.4% in March a year ago.
“Participation of foreign investors in the total market capitalisation at the end of March increased to 53.2% from 51.5% one month earlier,” explained Vassilis Roumantzis, analyst at the Investment Bank of Greece.