JAKARTA. The price of SM Entertainment Co.Ltd shares (KRX: 041510) on the Korean Stock Exchange fell by 0.27% to KRW 37,150 at the end of the trading period on Tuesday (15/10) today.
Previously, 1 hour after the opening of the trading period, the price of SM shares had strengthened to the level of KRW 38,800 per share. The volume of shares traded today reached 852,788 shares. This decline in share prices triggered the weakening of the index of the Media / Entertainment sector by 0.57%.
Market participants say the decline is not so significant. However, the decline may be related to news of the death of Sulli, one of the actresses managed by the company. As previously reported on idnfinancials.com, the former member of the f (x) girl group was found dead on Monday (14/10). (KR/AR)