Friday, September 18, 2009 KARACHI: Stock market investors would be enjoying double Eid, as the prices of their shares purchased during Ramazan have jumped up by over 13 percent.Rhe investors of the stock market this year would be celebrating double Eid—one, which everyone celebrates at the end of the month of Ramazan, while the other exclusively for having earned significant profit on their purchased shares during Ramazan leading to over 13 percent on the average increase in the value of their investments.Karachi stock Exchange KSE-100 index today after a long time breached the psychological barriers of 9400, while from the advent of Ramazan thus far KSE-100 index swelled up by 16 percent i.e. by 1300 points.
Sunday, February 28, 2010 HAVANA: Hundreds of wealthy merchants and cigar aficionados from all parts of the world gathered in Havana this week to bid high stakes for humidors full of premium cigars. Cuba's annual Habanos festival ended on Friday night with an auction of ornate humidors of cedar and mahogany stacked with hand-rolled stogies that raised 800,000 euros ($1.09 million dollars). Habanos S.A. executives this month said cigar sales fell 8 percent to $360 million in 2009, so they have created the Julieta, a smaller, milder version of the Romeo y Julieta cigar, aimed specifically at female smokers. Women now make up only 5 to 10 percent of customers for Habanos. But even with the creation of the Julieta, Garcia said Habanos has only modest hopes for 2010 sales, due largely to a weak economy in Spain, the biggest market for Cuban cigars. The flavor of premium tobacco relies on the soil and climate in which it is grown. The western province of Pinar Del Rio, famous fo...
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