Although banks outperformed by 3.5% MoM due to positive results, they ended in the red zone (-3.6% MoM) owing to the overall bearish market
This VAT idea is not viable; it will further drive investors away from the already deserted and bearish market
which is already 20 per cent negative this year.
"But demand for these units has definitely softened in line with bearish market
Regarding the pound, there was news that negotiations between the government and Labour have collapsed, with a Labour member telling Reuters that "there is zero chance of reaching an agreement," and "analysts can't do a deal with a government that is about to collapse." This won't be much of a surprise as there had been many indications this was where things were heading, though has provided the bearish market
with a fresh cue to sell.
It used to buy during bearish market
, but now it is also reluctant in buying during the bearish spell.
However despite the bearish market
sentiment and lower LME prices, Alba's sales volume rose by 2% YoY (257,113 mt) and also the production which surged 5% YoY (272,707 mt)
For Abu Dhabi market, Asteco said that new supply combined with limited demand, coupled with economic challenges and bearish market
sentiment continue to contribute to the downward trend in residential rental rates.
While most analysts attributed the bearish market
towards year end to political developments, some said there was uncertainty around the IMF package, which is super critical to take the economy out of a crisis.
We remain convinced that both Brent and WTI are "oversold" and that they will rebound from their current bearish market
mode--technical indicators signal a rebound is on the horizon, with the current 14-day Relative Strength Index (RSI) below 30 (the critical threshold level flagging excessive declines).
to the public after its first follow-on offering size had to be reduced due to bearish market
The DOE also said the Asian gasoline market came under renewed downward pressure from a bearish market
sentiment as supply continued to outstrip demand.
Led by the extreme bearish market
sentiment, the market capitalisation of BSE-listed companies went down sharply by Rs 8,47,974.15 crore to Rs 1,47,89,045 crore.