Sri Lanka may ease margin trading ban
Colombo - Arabstoday
Sri Lanka’s Securities and Exchange Commission (SEC) on Monday said it is seriously considering a stockbrokers’ proposal to ease a margin trading ban, at least on a temporary basis to help smaller investors in the Colombo Stock Exchange . The island nation’s regulator has directed all brokers to phase out margin trading by end of this year, a change which has hit trading volumes and which brokers blame for cooling business and prices on the bourse.All but two of Sri Lanka’s 28 brokerages last month submitted a joint proposal to the SEC to relax some rules, particularly the margin phase-out. From / Gulf Today
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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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