K-Pop Companies SM Entertainment and Hebe were among the best priesting music stocks of the week as most stocks were pulled down by continued uncertainty about US customs policy and new data on higher than expected inflation.
SM Entertainment, home to NCT Dream and Riize, was the best artist of the week after getting 6.7% to 107,000 KRW ($ 72.91). It brought the company’s year to date for 47.4%-the best of any music stock.
HEB, which counts BTS and its solo members’ projects among its huge list, improved 3.7% to 240,500 KRW ($ 163.87). Thursday (March 27) Hebe announced that BTS songs like “Dynamite” and “Butter” will be displayed at Lullaby -reproductions of BTSout April 4 at Rockabye Baby! Music. Hebe shares have increased 19.7% years to date, the Fifth best among music stocks.
K-pop did well over a down week for most shares and markets in general. YG Entertainment, Home of Blackpink and Babmonster, increased 3.3% to 63,500 KRW ($ 43.27), while Jyp Entertainment was unchanged at 61,300 KRW ($ 41.77).
Outside of South Korea, the music stores reflected the challenging financial conditions and uncertainties that have damaged stocks in recent weeks. The 20-company Billboard Global Music Index (BGMI) dropped 2.9% to 2,459.98, marking the fourth fall in the last six weeks. With only eight of its 20 stocks ending the week in the black, BGMI fell into correction area as its value has fallen 10.7% since the week ended February 14. However, the first six weeks of 2025 were good enough to overcome the recent falls, and BGMI has risen 15.8% years to date and has risen 40.4% in the last 52 weeks.
Shares received another hit on Friday (March 28) after the central personal consumption costs of price index, a measure closely monitored by the US Federal Reserve increased 0.4% in February. It set the 12-month inflation rate of 2.8%. Both figures were over the experts’ expectations. The tech-heavy Nasdaq Composite ended the week down 2.6%, increasing its annual fall to 11.7%, while the S&P 500 fell 1.5%. In the UK, FTSE 100 0.1%increased. South Korea’s KOSPI Composite index fell 3.2%. China’s SSE -Association index declined 0.4%.
BGMI was pulled down by Spotify’s fall of 6.5% and a fall of 4.2% of German concert promoter CTS Eventim. Warner Music Group, one of the index’s largest companies, dropped 2.7% to $ 31.56.
Tencent Music Entertainment (TME) rose 2.7% to $ 14.38 after Deutsche Bank upgraded its rating on TME shares to buy from teams. Universal Music Group increased 2.0% to 25.99 euros ($ 28,12) after Wells Fargo raised the assessment of the company’s shares to overweight from equal weight and increased the price target to 33 euros ($ 35.70) from 28 euros ($ 30,29).
Music Streaming Company LiveOne had the biggest decline of the week of 14.1%. The company announced on Wednesday (March 26) that subscribers and ad supported users surpassed 1.4 million.
The radio company Iheartmedia fell 6.8%and set its year to date loss of 23.0%. Satellite -tv company Siriusxm dropped 3.1% to $ 22.75, although it is still up 1.7% in 2025.