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Foreign Investors’ Greek Stock Holdings Little Changed in August

Sept. 7 (Bloomberg) -- 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 50.2 percent of the market value of all stocks listed on the Athens Stock Exchange in August, compared with 49.3 percent in August 2010. In July, foreign investors owned 50 percent. The figure for June was 51 percent.

Greece’s benchmark ASE share index has lost 36 percent this year, as the country struggles to convince investors it will be able to repay debt. Foreign investors accounted for 38.7 percent of total turnover in August, 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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