Shanghai stocks end down 4.27% on weak manufacturing data
Shanghai stocks
Shanghai - Arab Today
Shanghai stocks closed down 4.27 percent on Friday after a gauge of manufacturing activity tumbled to its lowest in more than six years, showing more weakness in the world's second-largest economy, dealers said.
China's benchmark Shanghai Composite Index plunged 156.55 points to 3,507.74 on turnover of 450.6 billion yuan ($70.6 billion), but managed to end just above the key 3,500 point level.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 5.39 percent, or 116.09 points, to 2,039.40 on turnover of 418.8 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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