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Luxury

Luxury labels focus on lower-priced goods to appeal to middle-class shoppers

PARIS: Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and...

Published 20 Dec, 2024 02:02pm

Currency

As bitcoin soars, luxury brands consider accepting crypto payments

PARIS: Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further...

Updated 18 Dec, 2024 03:26pm

Luxury

Local in focus: 5 bridal designers on our radar

With wedding season underway in full force in Pakistan, event planners, florists, photographers and designers are...

Updated 17 Dec, 2024 06:51pm

MENA

Walmart to Gulf Royals: world’s richest add $2trn to their wealth in 2024

The owners of US retail chain Walmart – The Walton family – topped Bloomberg’s annual ranking of the world’s...

Published 16 Dec, 2024 04:58pm

Real Estate

Dubai’s real estate sector is evolving, moving towards ‘branded residences’

Dubai’s recent crown as the ‘global leader in branded residences’ is also accompanied by high occupancy level in...

Published 13 Dec, 2024 06:29am

Arts

The $6.2 mn banana: Sotheby’s auctions controversial artwork

A banana duct-taped to a wall sold to a cryptocurrency entrepreneur

Updated 21 Nov, 2024 03:13pm

Real Estate

Why Dubai’s current real estate boom is here to stay

Knight Frank official says buying patterns point towards genuine end users rather than speculative investors

Updated 20 Nov, 2024 05:34pm

Luxury

Louis Vuitton opens bold pop-up store on NYC’s Fifth Avenue

Five-story location houses a cafe and chocolate shop

Updated 16 Nov, 2024 05:38pm

Luxury

Diamond necklace linked to Marie Antoinette sells for $4.8 million

GENEVA: A diamond-studded necklace thought to be linked to a scandal that hastened the downfall of the doomed 18th...

Published 14 Nov, 2024 02:22pm

Luxury

Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says

MILAN: Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with...

Published 13 Nov, 2024 07:17pm

MENA

Dubai real estate developer DAMAC Properties launches luxury airline

DAMAC Air will offer journeys to coveted tropical destinations like Bali, Hawaii, and Maldives

Published 11 Nov, 2024 04:13pm

Luxury

Diamond necklace allegedly linked to Marie Antoinette’s demise up for auction

GENEVA: A diamond-studded necklace thought to be involved in a scandal that led to the eventual downfall of the last...

Published 08 Nov, 2024 02:04pm

Travel

Dubai Real Estate Sector Strategy 2033 aims for AED 1 trillion market valuation

Dubai Land Department launched the Real Estate Sector Strategy 2033 on Tuesday, targeting doubling the sector’s GDP...

Published 30 Oct, 2024 10:39pm

Luxury

Hermes defies luxury slowdown, reports strong sales

PARIS: French luxury group Hermes posted Thursday a jump in third quarter sales, bucking the overall gloom in the...

Published 24 Oct, 2024 04:41pm

Luxury

Bollywood actor Sonam Kapoor named new Dior brand ambassador

French luxury brand Christian Dior has named Bollywood actor Sonam Kapoor as Brand Ambassador, it was announced on...

Updated 23 Oct, 2024 04:45pm

Luxury

Luxury brand Chanel to sponsor Oxford and Cambridge Boat Race

LONDON: French luxury brand Chanel will sponsor Britain’s historic Oxford and Cambridge Boat Race next year in the...

Published 22 Oct, 2024 05:41pm

Luxury

Prices from $41,243 to $88,378: Patek Philippe’s first new collection in 25 years

Patek Philippe released a new collection, the Cubitus, announced the luxury Swiss watchmaker earlier, a development...

Published 22 Oct, 2024 05:15pm

Luxury

Global rich are picking Dubai’s luxury real estate over a volatile stock market

City is already considered 'safe haven' for wealthy individuals amid global economic fluctuations and political uncertainties

Published 09 Oct, 2024 08:08pm

Luxury

Cipriani demands Venice tackle speeding boats and ‘damaging waves’

ROME: The owner of Harry’s Bar, a Venetian bar and restaurant frequented by Ernest Hemingway, has filed a legal...

Published 02 Oct, 2024 02:27pm

Luxury

Louis Vuitton shows flouncy, layered looks at the Louvre for Paris Fashion Week

PARIS: Louis Vuitton womenswear designer Nicolas Ghesquiere showed a lineup of layered looks with short, flouncy...

Published 02 Oct, 2024 02:16pm

Luxury

Victoria Beckham shows breezy, minimalist dresses at Paris Fashion Week

PARIS: For the spring-summer collection of her namesake label, Victoria Beckham showed a line up of minimalist...

Published 28 Sep, 2024 04:41pm

Luxury

Van Gogh painting set to break Asia record in Hong Kong auction

HONG KONG: A Vincent van Gogh painting displaying the artist’s shift from dark realism to vibrant impressionism...

Published 26 Sep, 2024 09:14pm

Luxury

Dior’s arrows and Amazons as Saint Laurent revives its master

PARIS: Dior gave Paris Fashion Week a shot of Olympic adrenaline on Tuesday with a troop of athletic Amazons...

Published 25 Sep, 2024 07:28pm

Luxury

Rolex begins selling used watches, but at a premium

Luxury Swiss watchmaker moves into the 'certified pre-owned' market

Published 24 Sep, 2024 04:22pm

Luxury

Diamond necklace valued at up to $2.8mn heads to auction

LONDON: A rare diamond necklace with possible links to former French queen consort Marie Antoinette is to be...

Published 24 Sep, 2024 03:09pm

Luxury

Musical chairs at top as Paris Fashion Week starts

PARIS: Paris Fashion Week starts Monday in a swirl of rumours of musical chairs at some of the sector’s most fabled...

Published 23 Sep, 2024 04:58pm

Luxury

China-EU trade spat’s next swipe may hit LVMH

LONDON: Few Western corporate chieftains command as much attention in China as Bernard Arnault. The 75-year-old boss...

Published 23 Sep, 2024 01:56pm

Luxury

Versace’s Milan show aims for ‘optimism and joy’ with colourful prints

MILAN: Presenting a playful and colourful collection of mismatched prints, Italian designer Donatella Versace said...

Published 21 Sep, 2024 07:10pm

Luxury

Harrods’ ex-owner Al Fayed raped, assaulted staff over decades, lawyers say

LONDON: The late Egyptian billionaire Mohamed Al Fayed sexually abused female staff at his London department store...

Published 21 Sep, 2024 07:08pm

MENA

Wealth migration: Dubai, Abu Dhabi among cities leading way for centi-millionaire growth

The Centi-Millionaire Report 2024 marked Abu Dhabi, Shenzhen, Austin, Taipei for high growth by 2040

Published 21 Sep, 2024 07:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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