HYBE stock price rises 7% with BTS Jimin topping Billboard

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| yna@yna.co.kr 2023-04-06 17:27:00

▲ This photo, provided by Bighit Music, shows BTS Jimin. (PHOTO NOT FOR SALE) (Yonhap) 

 

SEOUL, April. 6 (Yonhap) -- Stock price of HYBE rose 7% on Thursday due to the fact that BTS Jimin topped the U.S. Billboard's main single chart "Hot 100."

 

In the securities market, HYBE closed at 205,000 won, up 7.50% from the previous trading day.

 

HYBE’s stock price rose 11.43% to 212,500 won during the day.

 

Jimin has topped the U.S. Billboard main single chart "Hot 100" for the first time in the history of a K-pop solo artist with his solo album title song "Like Crazy" on the 4th.

 

Shares of SM (1.87%), YG Entertainment (2.12%) and JYP (0.91%) also rose as investor sentiment improved across the entertainment sector.

 

(This article is translated from Korean to English by Yunhee Cho.)

 

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