[Market Focus] Able C&C Surges Nearly 15%... Cosmetics Stocks Rally

Able C&C, d'Alba Global, and other cosmetics-related stocks are showing double-digit gains across the board.

As of 10:16 a.m. on July 8, Able C&C shares were trading at 8,700 won, up 14.8% from the previous day. d'Alba Global also posted a gain of over 9%.

K-beauty brands are showing strength in the market. In the case of Able C&C, the company appears to be gaining popularity among inbound international travelers through its collaboration with the domestic fixed-price lifestyle retailer Daiso. Expectations are rising for increased sales, driven by favorable factors such as the expansion of visa-free entry from China. For d'Alba Global, known for its "Flight Attendant Mist," investor sentiment has been boosted by forecasts of record quarterly results.