Foreign Investors’ Greek Stock Holdings Little Changed in June

Foreign investors’ holdings in companies listed on the Greek stock exchange were little changed last month, according to data released by Hellenic Exchanges SA, the operator of the Athens bourse.

Non-resident investors held 51 percent of the market value of all stocks listed on the Athens Stock Exchange in June, compared with 49 percent in June 2010. In May, foreign investors owned 51.2 percent, according to figures released on June 8. The figure for April was 50.8 percent.

Greece’s benchmark ASE share index has lost 11 percent this year, as the country struggles to convince investors it will be able to repay debt. Foreign investors accounted for 48 percent of total turnover in June, according to today’s statement.

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

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

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