31. The addition of income tax cuts to the party proposals improved stock market sentiment by fueling expectations for more spending by consumers. 32. The addition of income tax cuts to the party proposals improved market sentiment by fueling expectations for increased consumer spending on goods and services. 33. The Hang Seng index was up in late afternoon trade and brokers said the gains helped improve market sentiment in Shanghai. 34. The Nikkei was in negative territory for much of the day but rebounding index futures prices improved sentiment toward the closing bell. 35. The steady rise in bank and real estate shares continued to improve sentiment, and traders said the market is unlikely to drop significantly again soon. 36. They said this helped to spur buying interest and improve sentiments as well as eased previous selling pressure. 37. Trivedi said the budget would improve investor sentiment to an extent but this would have a short-term impact. 38. Analysts said that weaker-than-expected US manufacturing data Wednesday had done little to improve sentiment towards the US currency. 39. But the decision improved sentiment because investors felt full convertibility, to include capital account transactions, would be speeded up. 40. The popularity of speculative and incentive-backed issues such as Kanebo helped improve investor sentiment, brokers said. |