Analyze the sentiment of this statement extracted from a financial news article. Provide your answer as either negative, positive, or neutral.
Text: Paper companies were in negative territories , with Stora Enso R shedding 1.62 pct to 12.73 eur , UPM-Kymmene down 0.80 pct at 18.64 eur and M-real B 0.18 pct lower at 5.57 eur .
Answer:
negative