Foreign investors loyal to ASE

Foreign investors on the Athens Stock Exchange (ASE) recorded inflows of EUR 176.9 mln, with foreign institutional investors recording inflows of EUR 145.2 in December, according to the Hellenic Exchanges Monthly Statistics Bulletin.
On the other hand, Greek investors were net sellers of EUR 167 mln, but overall, in the whole of 2013, foreign investors were net buyers at EUR 2.33 bln, while domestic investors net sellers at EUR 2.18 bln.
Average daily transactions shaped at EUR 113.8 mln in December, down from 145.6 mln in November, but significantly higher than EUR 53.7 mln in December 2012.
Foreign investors accounted for 52.2% of total turnover, down from 68% in November and up from 31.9% in December a year ago.
Moreover, participation of foreign investors in total market capitalisation at the end of December increased to 49.63% from 48.52% in November.