MSCI index review and its impact on Greek shares

MSCI is expected to announce its index review on Tuesday, May 14, 2024.

In the MSCI Greece Standard Index, interest is now focused on ELPE’s share, as it seems to cover the limit of the total capitalization. However, it is far from the limit of the weighted capitalization.

Any changes will be implemented on June 3, 2024, with investors taking their positions one day earlier. The revisions of the MSCI indices have become quarterly and the indices are restructured entirely, as were the old semi-annual ones.

According to MSCI data, in February 2024 the range of total market capitalization that a company needed to have to be included in the Standard Index (for emerging markets) ranged between 2.42-5.56 billion dollars, while in November 2023 the corresponding market capitalization range was 2.18-5.01 billion dollars.

National Bank of Greece: Optimism about the dividend

It will not take long to know the dividend that the SSM will allow the banks to distribute. The National Bank of Greece, however, has estimated it at 30% for the profits of 2023. Regarding the loans guaranteed by the Greek State which are NPEs, there are already estimates about 100 million euros. However, optimism is expressed for their recovery.

Πηγή: https://www.naftemporiki.gr/english/1655294/msci-index-review-and-its-impact-on-greek-shares/?utm_source=rss&utm_medium=rss&utm_campaign=msci-index-review-and-its-impact-on-greek-shares