At the beginning of the year, Profit.bg resumes the tradition of talking to three market experts on Monday about their expectations of trade in the next five days.
Geno Tonev, portfolio manager, UG Market Fund Management
I expect investors to be more active this week and I think we will see higher traded volumes. After the three extremely boring trade sessions last week I believe it is time trade on BSE started to pick up more pace. Unfortunately, the first half of January is not a period of corporate news, but as the deadline for releasing the annual financial reports is approaching, investors will become more anxious.
Veselin Morov, broker, Naba Invest
There will be no serious changes in indexes, as we are not expecting any important corporate news and the period is not very suitable for speculative trade. Investors are expecting the non-consolidated annual financial reports of companies, which are to be released towards the end of the month. My opinion is that the reports will confirm the good nine-month results companies posted in October. My reason to think so is the announced record growth in Q3 in the fileds of industry (13%) and services (11%).
Marin Kosturski, broker, BenchMark Finance
I expect active trade on the more liquid positions with prices consolidating around the present levels. Trade will be picking pace on the positions of the companies which posted convincing nine-month results, as investors will expect the annual financial reports to confirm these. I think that the passivity on the part of institutional investors has just been a temporary thing that will disappear this week and the positive trend will be returning on BSE.
This article is not a recommendation for buying or selling stock.