Athens News Agency: News in English, 09-02-09

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Industrial production index down 8.7% in Dec.

[02] Foreign investors' share in ASE at 48.02% in Jan

[01] Industrial production index down 8.7% in Dec.

The average industrial production index, in the 12-month period from January to December 2008, fell 3.7-pct compared with the previous 12-month period.

The statistics service attributed a 8.7-pct decline in the industrial production index to a 9.3-pct drop in mining production, a 9.0-pct fall in manufacturing production and a 7.6-pct decline in the electricity-natural gas-water production index.

The 3.7-pct decline in the average production index reflected a 4.3-pct fall in mining production, a 4.2-pct decline in manufacturing production and an 1.4-pct decline in the electricity-natural gas-water production index.

[02] Foreign investors' share in ASE at 48.02% in Jan

A report by the ASE showed that foreign investors' activity in the Greek market resulted to a 70.66 million euros capital outflow in January, reflecting outflows by foreign institutional (96.3 million euros) and off-shore companies (1.03 million euros).

Greek investors were net buyers, with capital inflows totaling 64.67 million euros (mainly private investors 99.45 million euros).

Foreign investors' participation in the capitalization of the market rose to 48.02 pct in January, reversing a declining trend which prevailed during most of last year. Foreign investors' participation in the market was 51.31 pct in January 2008. Greek investors held a 50.98-pct stake in the market's capitalisation.

ASE's capitalization was 67 billion euros at the end of January, down from 69 billion euros a month earlier and 168.4 billion euros in January 2008. The market's capitalisation fell to its lowest since June 2003 at the end of January 2009.

Turnover totaled 2.460 billion euros in January, off 8.9 pct from December 2008 and down 78 pct from January 2008. Average daily turnover was 123 million euros in the first month of 2009, down from 128.7 million in December and 519.8 million euros in January 2008.

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