[Daily Fund Trends] Overseas Equity Funds Attract 126 Billion KRW Over 4 Trading Days
[Asia Economy Reporter Minji Lee] Overseas equity funds are showing a net inflow trend. Approximately 127 billion KRW has flowed into overseas equity funds over the past four trading days, and domestic equity funds have also returned to a net inflow trend.
According to the Korea Financial Investment Association on the 8th, as of the 6th, 6.5 billion KRW flowed into the domestic equity fund market excluding exchange-traded funds (ETFs). Overseas equity funds saw an inflow of 104.6 billion KRW, totaling 126.5 billion KRW over the past four trading days.
The domestic bond fund market experienced a net outflow of 45.2 billion KRW. For two consecutive trading days, 98.9 billion KRW has exited the market. In the overseas bond fund market, 1.5 billion KRW flowed in on the day, marking a net inflow of 39.9 billion KRW over three consecutive trading days.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
As of the 6th, money market funds (MMFs), which are demand deposit-type products, saw a net inflow of 2.5573 trillion KRW. The MMF subscription amount was recorded at 136.21 trillion KRW, and the total net assets amounted to 137.0554 trillion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.