V. Malchev: BSE Indexes to Advance Today
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Following yesterday's positive sessions on the European and U.S. Markets, the indexes of the Bulgarian Stock Exchange (BSE) should advance today, while the turnover is not expected to exceed 1 mln leva, Vladimir Malchev, manager and investment consultant at Bull Trend Brokerage told Profit.bg.
The audited company reports and especially the perspectives that managers outline for their companies in 2009 will continue to have an impact on their stock prices. Similar differentiated attitide of investors towards companies is witnessed in the recent days and this trend will remain in effect, according to Malchev.
The indexes on Wall Street rebounded yesterday after a two-day drop to end the month of March with gains. They posted their best monthly performance in nearly seven years.
Dow is up by 7.7% in March, which is its best monthly performance since October 2002. The index, however, is down 13.3% in the first quarter of the year.
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