Here is how three market experts answered the usual question we ask on Monday “How do you see trade on BSE this week?”:

Plamen Peichev, investment consultant, FK Ever

The international markets and more precisely, those in developing countries, will continue to influence Bulgarian indexes. This is likely to be the case until Bulgarian companies release their Q1 reports.

Until then we will probably see no definite trend in either direction. I expect thin trade and no surprises in the following five days.

Stefan Angelov, broker, Varchev Finance

The capital market will continue to be dominated by uncertainty. My expectations are of consolidation amid low turnovers. The low liquidity is a double-edged sword right now and any voiced opinions – pessimistic or optimistic, will push the market in the respective direction.

The situation right now is very dynamic and I would not be surprised by any serious shifts, influenced by external factors. This is what makes investors very careful at the moment. Their passiveness, however, is making trade too sluggish.

Borislav Nikov, Status Invest Board of Directors

Indexes have been climbing for two straignt weeks now, although the gains were only slight.

In my opinion, investors will continue to be cautious and will prefer to just wait and see. The only thing that can provoke some excitement are the Q1 reports, which will provide information on the companies' development and will show to what extent they have been affected by the international crisis.

The mood on BSE seems slightly more optimistic compared with previous weeks, but the lack of fresh funds will prevent prices from going up.

Photo: BGNES/EPA