K&H: investors will receive a missing compass

By: Trademagazin Date: 2025. 06. 20. 11:51

The K&H Securities – Investor Sentiment Index has been launched, which measures the capital market expectations of K&H Securities’ retail investors on a weekly basis. Based on the responses of the first five weeks, the proportion of optimists has been stable at around 50%, while that of pessimists has not reached 20 percent in any week – the index value has thus typically fluctuated around +20 points, which indicates a definitely positive market sentiment.

At the end of May, K&H Securities launched the new indicator, which measures the capital market sentiment of domestic retail investors on a weekly basis. The aim of the K&H Securities – Investor Sentiment Index is to reflect current market sentiments, feelings and expectations in a single number – one of the most difficult to grasp, but all the more important factors in investor decisions.

Based on the responses of the first five weeks, domestic retail investors are clearly looking to the second half of the year with optimistic expectations. According to the data, an average of fifty percent of respondents see the capital market outlook positively, while the proportion of pessimists never exceeded twenty percent. The value of the index thus fluctuated around twenty points.

Sentiment in a single indicator – investor feedback updated weekly

“The volume and speed of market information is now almost unmanageable, and what’s more, it is often not economic facts but sentiment that shape prices. The K&H Securities sentiment index captures precisely this essence: what feelings and expectations investors have towards the market. The results of the first weeks show that the majority of our clients are currently optimistic,”

– said Norbert Cinkotai, senior analyst at K&H Securities.