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Return to losses under the weight of dividends | TheGreekDeal.com
Athens Stock Exchange
Return to losses under the weight of dividends
In a week that begins with the National Bank of Greece cutting its dividend and ends with significant announcements about the performance of listed companies with weight on the board, Monday's (29/7) session on the Greek stock market started out negatively.
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In a week that begins with the National Bank of Greece cutting its dividend and ends with significant announcements about the performance of listed companies with weight on the board, Monday's (29/7) session on the Greek stock market started out negatively. The domestic market is distancing itself from the positive sentiment of foreign stock markets and correcting in the wake of four consecutive up weeks.

In particular, the General Index retreated -0.32% to 1,464.57 points, moving between 1,463.95 (daily low) and 1,466.36 points (daily high). The shares of NBG record a "divide" of more than -3% because they trade without the dividend entitlement. It is noted that Athens Avenue returns to negative signs after the upward break on Friday and after a three-day decline (from July 23 to July 25).

However, despite a period that has seen significant monetary policy decisions by central banks as well as corporate results, the momentum in the domestic market is still positive. The closest point of resistance for the GC is 1,480 points, while the corresponding point of support is located at 1,450 points.

Full of economic results announcements in the new week, with rich banking interest. EXAE kicks things off in the late afternoon on Tuesday (30/7), then Entersoft and Marfin Investment Group follow. Eurobank, Piraeus Bank, and Titan released their results for the second quarter and the first half of 2024 on Wednesday (31/7).

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