Société Générale – PPC and National Bank shares on the MSCI Greece index
The composition of the key index MSCI Greece is currently heartbreaking, as only five shares are participating
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On November 11, during the planned restructuring of the MSCI indices, with any changes taking effect based on the closing of the markets on November 30, Société Générale estimates that there will be Greek interest and that it is expected that shares of National Bank and PPC will join the main series of emerging indices.
On the other hand, an estimate predicts the exit of the Jumbo share, however, which was confirmed in the previous rebalancing of the indices.
The composition of the basic index MSCI Greece is, however, heartbreaking today, as only five shares participate: OTE (with specific weight 29.52%), OPAP (20.82%), AlphaBank (20.27%), Eurobank (17.22 ) and Jumbo (12.17%) with the result that any new addition is good news for the Athens Stock Exchange, as the main indicators of MSCI, are closely monitored by 76% of international funds worldwide
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