Foreign Investors Increase Holdings in Greek Bourse in April

Foreign investors increased their share of stocks listed on the Greek stock exchange in April, according to data released by the country’s Central Securities Depository today.

Non-resident investors held 50.8 percent of the market value of all stocks listed on the Athens Stock Exchange in April, compared with 50.3 percent in April 2010. In March, foreign investors owned 50.2 percent, according to figures released on April 6.

Greece’s benchmark ASE share index is down 2.5 percent so far this year, after a series of press reports claiming Greece is in talks about debt restructuring. Foreign investors accounted for 51 percent of total turnover in April, according to today’s statement.

To contact the reporter on this story: Eleni Chrepa in Athens echrepa@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.