Greek stocks Jan foreign outflow slows to $91 mln

ATHENS Feb 9 (Reuters) - Foreign investors took a net 70.6 million euros ($91 million) out of Greece's equities market in January but still owned 48 percent of the market's free-float, Athens stock exchange data showed on Monday.

By contrast, domestic investors placed a net 64.7 million euros in the market.

For the whole of 2008, foreign investors were net sellers, with outflows reaching 3.6 billion euros.

The average daily trading volume in January fell to 123 million euros from 128 million in December and 519 million in the same month a year earlier.

Month-on-month, the Greek equity market's total capitalisation fell 2.9 percent in January to 67 billion euros -- about 27 percent of the country's gross domestic product (GDP). Since Jan 2008 the market's value was down 60.2 percent, at its lowest level since June 2003.

The market capitalisation of the bourse's blue-chip FTSE-ASE .ATF 20-share index fell 0.8 percent month-on-month to 46.4 billion euros.

The Athens bourse said foreign portfolios owned 48.02 percent of the Greek equity market's free-float versus 51.3 percent in January 2008. (Reporting by George Georgiopoulos; Editing by Rupert Winchester)