AmorePacific sinks on sales slump, THAAD woes
Feb 9, 2017
AmorePacific Co., South Korea's top cosmetics maker, traded at a 52-week low on Thursday as investors were disappointed with the domestic sales slump amid growing concerns that the planned deployment of a US missile defense system to South Korea will further batter sales in China, its largest overseas market. AmorePacific stocks were changing hands at 283,000 won ($247) on the Seoul bourse as of 9:35 a.m., up 0.53 percent from the previous session's close. On Wednesday, it dipped to an almost tw