BTS's Jin Wraps Up Mandatory Military Service: US ETFs That Let You Invest In Hybe Are Soaring
Portfolio Pulse from Pooja Rajkumari
BTS's Jin has completed his mandatory military service, leading to a positive impact on Hybe Co. shares and related US ETFs. Ishares Msci South Korea ETF (EWY), IShares MSCI Emerging Index Fund (EEM), and JAKOTA K-Pop And Korean Entertainment ETF (KPOP) saw increases in their prices.
June 12, 2024 | 10:09 am
News sentiment analysis
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POSITIVE IMPACT
IShares MSCI Emerging Index Fund (EEM) saw a 0.33% increase in pre-market trading following the news of Jin's discharge.
The positive sentiment around BTS and Hybe Co. can have a broader impact on emerging markets, contributing to the rise in EEM.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Ishares Msci South Korea ETF (EWY) traded 0.72% higher in pre-market following the news of BTS's Jin completing his military service.
The completion of Jin's military service is a positive event for BTS and Hybe Co., leading to increased investor confidence in South Korean assets, reflected in the rise of EWY.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
JAKOTA K-Pop And Korean Entertainment ETF (KPOP) saw a slight increase of 0.12% in after-hours trading following the news of Jin's discharge.
The completion of Jin's military service is a significant event for BTS fans and investors in K-Pop related assets, leading to a positive impact on KPOP ETF.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90