[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 132.9 Billion KRW Over 7 Trading Days
[Asia Economy Reporter Hwang Yoon-joo] A total of 132.9 billion KRW has been withdrawn from domestic equity funds over seven trading days.
According to the Korea Financial Investment Association on the 16th, as of the 14th, excluding exchange-traded funds (ETFs), 14.1 billion KRW was net withdrawn from domestic equity funds, totaling 132.9 billion KRW over seven trading days. Overseas equity funds saw a net inflow of 53.8 billion KRW, with 162.1 billion KRW flowing in over eight trading days.
Domestic bond funds recorded a net inflow of 56.7 billion KRW. Overseas bond funds experienced a net outflow of 5.4 billion KRW, with 27.4 billion KRW withdrawn over four trading days.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
Money market funds (MMFs), which attract short-term funds, saw an outflow of 175.5 billion KRW in one day, with the principal amount set at 158.1811 trillion KRW and the net asset total at 158.94 trillion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.