Posts tagged ‘watch’

July 7, 2011

Celebs Celebrate Joseph Abboud Watch Collection In LA

On Thursday, June 16th, luxury menswear brand Joseph Abboud and Esquire magazine hosted an intimate cocktail party to celebrate the launch of their watch collection at the Sunset Tower Hotel in Los Angeles.Celebs Celebrate Joseph Abboud Watch Collection In LA

Guests included Ryan Phillippe, David Arquette, Joe Manganiello, Kevin Jonas, AnnaLynne McCord ,Trevor Donovan, Samantha Ronson, Jamie-Lynn Sigler, Colton Haynes, and Amber Rose.  The tunes were provided by DJ Paul Sevigny and a musical performance by special guest Hugo.The Joseph Abboud watch collection will debut Fall 2011 at better retailers of fine men’s watches throughout the US. We are huge fans of the brand. We even got a chance to interview its Creative Director, Bernardo Rojo, not too long ago!

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July 2, 2011

Market watch: Financial year starts on a low note

 Volumes fall to nine-month low.

KARACHI: 

The new financial year started off on a very low note as volumes fell to a nine-month low.


The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.09 per cent or 11.86 points to end at 12,484.17 point level.


Thin trading activity was witnessed as merely Rs1.2 billion was the value of shares traded due to July 1 being banking holiday, said JS Global Capital analyst Jawad Khan. State Bank of Pakistan had earlier in the week announced July 1 as a bank holiday.


Furthermore, retail investors preferred to remain on the sidelines in the absence of any institutional support on the last trading sessions of the week.


Trade volumes plummeted to nine-month low of 35 million shares compared with Thursday’s tally of 66 million shares.


Foreign institutional investors’ (FII) activity was unheard today while locals were seen active in fertiliser stocks on the expected price hike in urea.


FII were net sellers of mere Rs4.4 million worth of shares compared with Rs2.7 billion sold on Thursday, according to data maintained by the National Clearing Company of Pakistan Limited.


Shares of 302 companies were traded on the last trading session of the week. At the end of the day 113 stocks closed higher, 95 declined while 94 remained unchanged.


Fatima Fertiliser and Engro were among the top volume leaders again despite the decision for 100% hike in gas prices being delayed, said Elixir Securities equity dealer Sara Shahid.


Jahangir Siddiqui and Company was the volume leader with 5.45 million shares gaining Rs0.39 to finish at Rs6.87. It was followed by Fatima Fertiliser Company with 3.73 million shares declining Rs0.06 to close at Rs16.58 and Lotte Pakistan PTA with 3.28 million shares falling Rs0.3 to close at Rs13.53.


Published in The Express Tribune, July 2nd, 2011.

July 1, 2011

Celebs Celebrate Joseph Abboud Watch Collection In LA

On Thursday, June 16th, luxury menswear brand Joseph Abboud and Esquire magazine hosted an intimate cocktail party to celebrate the launch of their watch collection at the Sunset Tower Hotel in Los Angeles.Celebs Celebrate Joseph Abboud Watch Collection In LA

Guests included Ryan Phillippe, David Arquette, Joe Manganiello, Kevin Jonas, AnnaLynne McCord ,Trevor Donovan, Samantha Ronson, Jamie-Lynn Sigler, Colton Haynes, and Amber Rose.  The tunes were provided by DJ Paul Sevigny and a musical performance by special guest Hugo.The Joseph Abboud watch collection will debut Fall 2011 at better retailers of fine men’s watches throughout the US. We are huge fans of the brand. We even got a chance to interview its Creative Director, Bernardo Rojo, not too long ago!

July 1, 2011

Market watch: Bourse gains in late buying

 Benchmark KSE-100 share index rises 72 points.

KARACHI: 

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June 30, 2011

Market watch: Bourse gains in dull session

Benchmark KSE-100 share index firms 61 points.

KARACHI: 

Equities rebounded sharply on Wednesday to recover the preceding day losses amid relatively low volumes.


The Karachi Stock Exchange’s (KSE) benchmark 100-share index gained 0.49 per cent or 60.86 points to end at 12,423.3 point level against the preceding day’s fall of 103 points.


The gain was mainly supported by illiquid stocks as Nestle alone contributed around 38 points in total gain of 60 points, said Topline Securities equity dealer Samar Iqbal.


Banking stocks remained marginally up with MCB Bank leading by rising 0.7% on the back of expectations of healthy results and payout.


Trade volumes fell to paltry level of 61 million shares compared with Tuesday’s tally of 67 million shares.


Pakistan State Oil (PSO) lost ground on news that the company threatened a cut in oil supply due to delay in payment of its receivables from various clients.


PSO plummeted 2.2 per cent to close at Rs267.91 with talks of foreign selling as well. Energy companies, Pakistan Petroleum and Pakistan Oilfields also fell 1% and 0.1%, respectively.


Sales numbers showing six per cent decline in sales to 2.9 million tons in May kept fertiliser stocks under pressure. Fauji Fertiliser Company fell 1.7% to close at Rs152.33.


Shares of 337 companies were traded on Wednesday. At the end of the day 146 stocks closed higher, 98 declined while 93 remained unchanged. The value of shares traded during the day was Rs3.1 billion.


Fatima Fertiliser Company was the volume leader with 5.27 million shares gaining Rs0.4 to finish at Rs16.08. It was followed by Nimir Industrial Chemicals with 4.04 million shares firming Rs0.26 to close at Rs2.87 and Byco Petroleum with 3.93 million shares gaining Rs0.03 to close at Rs9.09.