S.Korea's cosmetics stocks climb on optimism over export demand

Amorepacific

28/06/2018 02:35

** Shares of South Korean cosmetics companies rise on strong
export demand; Amorepacific Corp  090430.KS  climb as much as 5
pct
    ** Korea Customs Service says cosmetics exports are robust
after regaining China's demand, while demand from Vietnam and
European Union is rising
    ** S.Korea's cosmetics exports are gradually recovering,
with Q2 performance expected to be better than Q1, says Ahn
Ji-young, analyst at IBK Securities
    ** Korea Kolmar  161890.KS  and Cosmax  192820.KS  both gain
more than 2 percent
    ** Broader market  .KS11  down 0.7 pct as of 0121 GMT

 ((Reuters Messaging: joori.roh@thomsonreuters.com))