The valuable supports of 1,400 points on the Athens Stock Exchange is back in the spotlight as sellers hold the reins for the third consecutive session, putting the critical milestone at risk.

The dividend cut-off, the absence of domestic catalysts, prolonged weakness in banks and nervousness abroad make up a negative cocktail that prevents the General Index from moving up.

Thus, the Greek market is "fighting" to defend the 1,400 points, which are the last serious buffer before the 200-day average (1,339 points), which is related to the long-term trend.

More specifically, in today's session, the General Index recorded a notable 1.10% decline to 1,404.43 points, losing 15.5 points compared to Tuesday's close (1,420.06 points).

NBG shares retreat to -2.69% and EUR 7.61 (2-month low), Eurobank's shares fall to -2.26% and EUR 2.08, Alpha Bank's shares trade at -1.66% and EUR 1.4495 (6-month low), while Piraeus' shares follow at -1.13% and EUR 3.336 (5-month low).

In the high-cap index (-1.17% and 3,402 points), Metlen's shares retreat to -3% and 35.1 euros, while Motor Oil's shares tumble to -4.8% and 23.9 euros. Beyond that, shares of Jumbo, AIA and PPC lose 1.2%, 1.8% and 2.4%, respectively. In contrast, Aegean's shares are up +1% and EUR 11.1. OPAP and OTE, on the other hand, rise around +1%, with the latter reaching 14 euros.

As for the mid-cap index (-1.14% and 2,250 points), Optima Bank's shares corrected to -3.2% and 12.5 euros after consecutive historical highs. Shares of Techniki Olympiaki  and AVAX are also down more than 2%, with shares of Austriacard, Fourlis, Ideal, Lavipharm, Quest, and Thrace Plastics trailing by more than 1%.