I expect the indexes of the Bulgarian Stock Exchange (BSE) to end higher today, while the poor activity, typical for the recent months, will continue, Severin Vartigov portfolio manager of BenchMark Asset Management, told Profit.bg.

„I expect stronger interest in the banking sector, whose stocks have been under pressure since the start of the year", Vartigov added.

With the exception of Corporate Commercial Bank, the other banks are traded at a P/B of around 0.3 - which is typical for financial structures on the verge of bankruptcy.

„Furthermore, the market value of most companies is below their liquidation value and I do not see a reason for buyers to feel insecure filling up their portfolios at the current stock prices," Vartigov said.

The SOFIX blue-chip index posted its first gain in four sessions yesterday, advancing by 1.35% to 276.81 points. The broader BG40 slipped by 1%, to 89.22 points.

BG REIT and BG TR30 gained 3.42% and 0.55%, to 41.4 and 195.16 points, respectively.

BSE's overall turnover came to 2.38 mln leva yesterday. A total of 83 issues were traded yesterday with 34 of the stocks posting gains.

The article is not a recommendation for buying/selling stock!