Entertainment companies such as JYP Entertainment and SM are climbing to the top of KOSDAQ in anticipation of the reopening (resumption of economic activity) following the complete lifting of the mandatory outdoor mask and solving the problem of improving governance.

According to the Korea Exchange on the 25th, JYP Entertainment was ranked 10th in the KOSDAQ market cap ranking starting from 22nd. The first trading day of this year, January 3, was only 27, but this year it has increased significantly, moving back and forth between 8 and 10. JYP Entertainment’s market cap has surpassed 2. trillion won on March 23 and climbed to 2.14 trillion won on the 22nd of this month. On this day, SM also ranked 16th by market cap on the KOSDAQ with 1.8345 trillion won. On January 3, it climbed 14 places from 30th place and placed in the top 20. While Celltrion Healthcare and EcoproBM firmly held their first and second positions, most of the companies with the highest market capitalization on the KOSDAQ quest year hasn’t fluctuated much, but the growth rate of entertainment companies has been remarkable. The reason JYP Entertainment and SM, the leading entertainment companies in Korea, have soared is because K-pop businesses at home and abroad are active as they escape the impact of Corona 19 and good results are expected. TWICE, the top-selling female group at JYP Entertainment, began selling mini albums on the 26th of last month, and ITZY also sold 470,000 copies on Initial Chodong after the album’s release in July.

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