[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 331 Billion KRW After 7 Trading Days
[Asia Economy Reporter Ji-hwan Park] 3.31 billion KRW flowed out of the domestic bond fund market over 7 trading days.
According to the Korea Financial Investment Association on the 11th, as of the 7th, excluding exchange-traded funds (ETFs), 3.31 billion KRW was net withdrawn from the domestic bond fund market. Net inflows had continued for 6 consecutive trading days until the previous day, totaling 2.094 trillion KRW during that period.
On the same day, the overseas bond fund market also saw a net outflow of 1.9 billion KRW. Net outflows continued for 3 consecutive trading days, totaling 10.2 billion KRW during that period.
On the same day, the domestic equity fund market experienced a net outflow of 1.24 billion KRW. Net outflows continued for 3 consecutive trading days, totaling 2.309 billion KRW during that period. Conversely, the overseas equity fund market saw a net inflow of 0.06 billion KRW.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
As of the 7th, money market funds (MMFs), which are demand deposit-type products, had a net outflow of 2.906 billion KRW. The MMF subscription amount was recorded at 151.1966 trillion KRW, and the net asset total was 152.1095 trillion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.