31. Changes in refined products stocks were also hit by bearish sentiment, which brought in sellers despite a strong cash market. 32. Contrarians hoping for a January rally also point to a recent big increase in bearish sentiment among portfolio managers. 33. Crude oil fell again Thursday, as bearish sentiment carried over from Wednesday. 34. Crude oil futures closed at their lowest levels in seven weeks, as bearish sentiment continued to weigh on the market. 35. Crude oil futures closed Wednesday at their lowest levels in seven weeks, as bearish sentiment continued to weigh on the market. 36. Continuing bearish sentiment dominated trading activities. 37. Despite the bearish sentiment, some stocks managed to swim against the trend. 38. ECONOMIST Dr Tan Eu Chye believes that all is not doom and gloom despite the prevailing bearish sentiment. 39. Faced with such bearish sentiment, most stock analysts predicted there would be a decline in IPOs this year. 40. Given the bearish sentiment confronting the local market as well as the regional currency market, the local market participants failed to reverse the bearish market sentiment. |