South Korea’s domestic stock funds posted a net outflow for four straight days, losing another 29 billion won ($26.75 million) on December 3, according to the Korea Financial Investment Association (KOFIA) Wednesday.
Overseas stock funds also remained a net outflow, losing 19 billion won.
Money market funds saw its total invested money decline by 206.5 billion won to 68.71 trillion won with net asset of 69.91 trillion won.
[Written by Ik-ho Choi / edited by Soyoung Chung]
[ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved]