[Daily Fund Closing] Domestic Bond Funds See Net Outflow of 1.2175 Trillion KRW
[Asia Economy Reporter Hwang Yoon-joo] More than 1 trillion KRW has been withdrawn from domestic bond funds.
According to the Korea Financial Investment Association on the 3rd, as of the 31st, a net outflow of 1.2175 trillion KRW was recorded from domestic bond funds excluding exchange-traded funds (ETFs). Overseas bond funds saw a net inflow of 8.2 billion KRW.
Domestic equity funds experienced a net inflow of 11.3 billion KRW, with 12.4 billion KRW entering over two trading days. Overseas equity funds had a net outflow of 1.6 billion KRW.
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 a withdrawal of 1.7473 trillion KRW in one day, with the principal amount set at 156.6468 trillion KRW and total net assets recorded at 157.6155 trillion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.