S.Korean shares exposed to K-pop boyband BTS rise

LB Semicon

04/09/2018 02:37

** Shares exposed to K-pop boyband BTS rise as more South
Koreans seek military exemption for the band which topped the
Billboard 200 albums chart for the second time this year
    ** LB Semicon  061970.KQ , whose affiliate holds about 11
pct stake in the band's management agency Big Hit Entertainment,
gains as much as 12.6 pct
    ** Netmarble  251270.KS , the second-largest shareholder of
the agency, and subsidiary YJM Games  193250.KQ  jump 1.7 and
1.8 pct respectively
    ** KeyEast  054780.KQ , which used to oversee the group's
management in Japan but no longer does, adds 4 pct 
    ** Following worldwide success of the seven-member band, a
lawmaker sought military exemption for BTS, saying classical
music artists are eligible for the benefit  urn:newsml:reuters.com:*:nL3N1VP2AG
    ** Two-year mandatory military service is considered as the
biggest challenge for K-pop boybands seeking global presence
    ** Broader KOSPI market  .KS11  steady, while junior KOSDAQ
market  .KQ11  up 0.6 pct

 ((hayoung.choi.thomsonreuters.com@reuters.net))