** South Korea's Barunson Entertainment & Arts Corp
035620.KQ , the producer of Oscar-nominated movie "Parasite",
surges on expectations that the movie would win an Oscar
** Barunson E&A shares rise as much as 16% to their highest
since June 11; stock last up 12.5%, compared with a 0.1% decline
in the junior KOSDAQ market .KQ11
** The film has won six Oscar nominations, a historic first
for South Korean film, and was the upset winner at the Screen
Actors Guild awards last month urn:newsml:reuters.com:*:nL4N29J15R urn:newsml:reuters.com:*:nL1N29P02H
** The Oscar event is being televised live from Hollywood on
ABC television, starting at 0100 GMT urn:newsml:reuters.com:*:nL1N2A908B
((Hayoung.Choi@thomsonreuters.com; +82 2 6936 1468))