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Tobacco Still On an Upward Trend: Strategist

Thursday, 20 Sep 2012 | 2:00 AM ET

Edmund Shing, head of European equity strategy at Barclays Capital, tells CNBC, "Tobacco has been the best performing sector by a long way over the last ten years, so if you take a longer perspective the fact that over a few months it pauses, it is just a pause in a very long-term upward trend."