The regular quarterly restructuring of MSCI indices, during which Motor Oil was excluded from the Greece Standard index, came as a negative surprise.

The company's shares are thus transferred to the smaller Small Cap Greece index. It should be noted that Motor Oil's shares were included in the MSCI Greece Standard in February 2023.

The changes will take effect at the close of the Friday, August 30 session.

With the restructuring, nine stocks now participate in the MSCI Greece Standard instead of ten: those of OTE, OPAP, Jumbo, PPC, Eurobank, Alpha Bank, National Bank, Piraeus, and Metlen.

Motor Oil's share, which was estimated to no longer meet the criteria for participation in the index, closed yesterday at 21.56 euros with a market capitalization of around 2.4 billion euros.