Shanghai shares close down more than 5%
Shanghai Composite Index
Shanghai - Arab Today
Shanghai shares closed down more than five percent on Wednesday, a day after their biggest gains in more than six years following a fortnight of heavy losses.
The benchmark Shanghai Composite Index slumped 5.23 percent, or 223.52 points, to 4,053.70 on turnover of 838.1 billion yuan ($137.1 billion). The Shenzhen Composite Index, which tracks stocks on China's second exchange, plummeted 4.79 percent, or 118.10 points, to 2,346.13 on turnover of 691.2 billion yuan.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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