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BEIJING, Sept. 18 (Xinhua) -- China's Hushen 300 index futuresclosed higher on Monday, with the contract for October 2017 up 0.90percent to finish at 3 Julien Davenport Youth Jersey ,854.80 points.
The November 2017 contract gained 0.81 percent to close at3,851.40 points. The December 2017 contract was up 1.13 percent tofinish at 3,846 points. The March 2018 contract went up 1.16percent to finish at 3,834.40 points.
The stock-index contracts, agreements to buy or sell the Hushen300 Index at a preset value on an agreed date Zach Cunningham Youth Jersey , are designed toallow investors to bet on and profit from either gains or declinesin the market.
The index futures was launched at the China Financial FuturesExchange (CFFEX) and started trading from April 16, 2010. The CFFEXhas set the base value for all the contracts at 3,399 points.Enditem
(This article is generated by Xinhua News Robot.)
by Bedah Mengo
NAIROBI, Aug. 29 (Xinhua) -- Supermarkets and other retailoutlets in Kenya are among the biggest beneficiaries of a ban onplastic bags, which took effect on Monday.
The outlets Deshaun Watson Youth Jersey , which are in their hundreds in the East Africannation, are currently selling to their customers the alternativesto plastic bags that include canvas bags creating a new revenuestream.
Before the ban, the shops would pack the goods bought byshoppers in plastic bags of various sizes for free.
But the new era has come with lots of blessing, with each outletselling the shopping bags from 0.05 U.S. dollars for the light bagsto 0.50 dollars for the heavy canvas bags.
And with hundreds of customers thronging into the retail outletsevery day, the canvas bags are becoming a cash cow for theshops.
"We are providing customers with eco-reusable bags for 0.05dollars for small bags and 0.10 dollars for large bags. But weencourage you to come with your kiondos and baskets. Feel free toreturn with your reusable bags Whitney Mercilus Youth Jersey ," Tuskys, one of the biggestsupermarket in Kenya informed customers via SMS on Monday.
The same message was pasted at the entrance of all its branchesacross the capital Nairobi and other parts of the country.
A visit to three branches of the retail outlet in Nairobi,however, indicated that most of their customers were not bringingalong reusable bags. Instead, they were shopping and buying thereusable bags as the supermarket made a killing.
A similar scenario was replicated at branches of Naivassupermarkets where customers were encouraged to come with theirshopping bags but a majority bought the recycled bags from theoutlet.
At a branch of Nakumatt supermarket Johnathan Joseph Youth Jersey , their larger branded canvasbags were going for up to 0.50 dollars, an indication of howlucrative the business was.
While customers were similarly asked to bring along theirshopping bags, many of them shopped and paid for the canvasbags.
"I have no choice but to buy the canvas bags," said Moses Mutua,a shopper at a branch of Tuskys supermarket along Moi Avenue.
"If you tell men to bring along their shopping bags Jadeveon Clowney Youth Jersey , that ispractically impossible because I cannot walk around with it in mycoat pocket waiting to shop. For women it is easier because theywould carry them in their bags."
Mutua bought several items that filled two canvas bags spending0.20 dollars on the bags, money that initially he would have savedif plastic bags were still in use.
"Supermarkets should consider giving to customers these shoppingbags for free because I do not believe if their cost is higher thanthat of plastic bags. It seems like they are taking advantage ofthe new regime to make money," he said.
As consumers feel the pinch, retailers noted the canvas bagswould help them save costs that arose from provision of plasticbags.