Big-cap shares undervalued amid biz woes
Blue-chip shares
Seoul - Yonhap
Nearly half the blue-chip shares listed on the benchmark Korea Composite Stock Price Index (KOSPI) market are undervalued, data showed Friday, amid worries that the strong dollar and weak third-quarter earnings may be contributing to South Korean shares hitting bottom.
The price-to-book value ratio (PBR), calculated by dividing a stock's share price by the book value per share, was less than 1 for 85 of the 200 big-cap companies listed on the KOSPI 200, according to financial information provider FnGuide. The book value was taken from the end of last year, while the share price was based on Wednesday's closing.
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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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