The Bulgarian Stock Exchange started the New Year with thin volumes and no clear direction, and the gas crisis which shook the industry did not move the key indices from last-year levels.
The blue-chip SOFIX stepped back 0.98 per cent in the first five sessions of the year, closing 0.17 per cent lower at 355.14 points on January 9 2009.
Dnevnik 20 of the biggest and most liquid companies lost 3.32 per cent of its value over the week finishing at 52.93 points.
OCT trade was sluggish generating less than 500 000 leva a day, a level it only reached in the five session of the year.
Analysts made no projections as to when the dormant stock market will wake up.
Some say the upcoming first batch of financial statements may help the bourse spring back to life provided it contains good news.
Negative expectations about fourth-quarter results have already been calculated in the share prices.
