In December 2008 the main features of the market were:
- Total market turnover of €2.7 billion (reduced by 34.9% compared with November 2008)
- Total market capitalization of €69 billion (reduced by 5.2% compared with November 2008)
- Reduction in the participation of foreign investors to 47.8% from 48.7% in the previous month.
- ATHEX Composite Share Price Index decreased by 6.6% since the beginning of the month.
In summary, the 2008 statistics of the market as follows:
- Average Daily Value (ADV) of Transactions at €317 million versus €480 million in 2007.
- Total market turnover at €78 billion compared with €121 billion in 2007 (35.5% reduction).
- Reduction of the total market capitalization by 64.9% since the beginning of the year (€69 billion on 31/12/2008 versus €196 billion on 31/12/2007).
- ATHEX Composite Share Price Index decreased by 65.5% since the beginning of the year.
- Reduction in the participation of foreign investors in the total market capitalization to 47.8% from 51.8% in December 2007.
In December 2008 the transactions value reached €2,701.9 million (see Chart 1) reduced by 34.9% compared to November 2008, which was €4,148.3 million. Compared to December 2007, when transactions value was €7,878.5 million, the reduction reached 65.7%.
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