„The negative sentiment globally remains strong and even gets stronger as the company reports for the fourth quarter of 2008 and forecasts for 2009 are published, Vesselin Morov broker financial instruments at Naba Invest, told Profit.bg.

The expected worsening of the corporate results increases investors' concerns as regards to the period for the restoration of the economic activity and limits the appetite for investments in risky expositions.

„The extremely low-liquidity trade on the Bulgarian Stock Exchange (BSE), the eroded confidence in the management of many companies and the regular all-time lows without a real correction of the negative trend reflect investors' expectations for the further receding of the craved recovery of stock prices", according to Morov.

The broker expected low trading volumes and the negative trend of the indexes to continue today.

Following its two-dawy winning streak the SOFIX blue-chip index slipped by 1.28% to 275.06 points yesterday. The broader BG40 shed 0.25%, to 89.2 points.

BSE's overall turnover came to nearly 7 mln leva yesterday. Over 17% of the capital of Internet company Investor.bg were transferred during the day.

A total of 77 issues were traded yesterday with 23 of the companies posting stock price gains.

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