K-Beauty Stocks Surge 9-10% as September Exports Hit $1.2B Record Despite Won Strength
Korean cosmetics stocks surged sharply β APR +9.73%, Dalba Global +8.07% β as September K-beauty exports hit $1.213B (up 30% YoY), overriding KRW appreciation fears.
Key points
- APR surged 9.73% and Dalba Global 8.07% as K-beauty exports hit $1.213B in September, up 30% YoY
- Won-strength fears proven smaller than export demand growth β sector derating thesis reversed
- Watch October export data and Q3 earnings from APR and Dalba for sustainability signal
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π°π· South Korea General Economic Data consumer retail luxury asia forex