Let us first look at the cigarette industry largely represented by BAT and JTInternational.
Ever since Budget 2012 decided to let off these cigarette companies from new taxes, their share prices have been moving upwards ever impressively.
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| Sinful Leisure |
After climbing to a new high of RM48.70, BAT shares again created history by closing at RM48.98, a 2 sen whisker from RM49.00.
As for JT International, it is trailing at RM7.05, up 13 sen
Going for RM50 in no time......
Now let us look at the other sin traders- GAB and Carlsberg Breweries.
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| The Mighty Stout |
Both took pole positions today. GAB did not let up or disappoint minority shareholders, upping another 20 sen to RM13.18 while Carlsberg added 37 sen to RM8.83 today after moving up in a flurry yesterday.
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| Danish Brew |
Seems like there will be more merriment in the air as yuletide approaches this year.
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