Investors pull out record funds amid Cheil Industries subscription in Korea
A glove production line
Seoul - Yonhap
More than 5 trillion won (US$4.52 billion) drained out of the country's money market funds (MMFs) earlier this week, data showed Friday, as investors used it for deposit money to subscribe to Cheil Industries Inc.'s IPO (initial public offering) stocks.
The net asset value of MMFs stood at 90.5 trillion won as of Tuesday, down 5.66 trillion won from the previous day, according to data compiled by the Korea Financial Investment Association (KOFIA). The change in the figure marks the largest day-to-day slump since KOFIA began collecting such data in 2006.
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:56 2018 Merkel policies in focus in final debate on draft German budget
- Thursday ,08 November GMT 14:11 2018 Greek minister, Russian ambassador discuss possible investment projects
- Wednesday ,07 November GMT 11:15 2018 Top U.S. diplomat visits Pakistan to discuss economic cooperation
- Thursday ,01 November GMT 13:53 2018 Alrosa to sell 127 large gem-quality rough diamonds at an auction in Israel
- Tuesday ,30 October GMT 10:59 2018 Trade turnover between Russia and Japan grows by over 17% in 2018
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen links
GMT 09:23 2019 Monday ,19 August
Live an important and happy atmosphere
GMT 11:57 2016 Thursday ,07 July
Smokey Robinson honored by US Library of Congress
GMT 09:47 2019 Monday ,19 August
Live a tense atmosphere in your career
GMT 13:22 2018 Wednesday ,03 January
Steyn gives SA coach Gibson a headache for first India Test
GMT 12:11 2017 Wednesday ,02 August
Tourism Min. receives Kazakh Ambassador to Egypt
GMT 12:08 2018 Thursday ,04 January
UN chief welcomes reopened Korean hotline
GMT 13:36 2017 Saturday ,18 November
King of Jordan, Indonesia's Counter-terrorism Agency Chief
GMT 09:00 2017 Wednesday ,12 April
Colombia forces struggle to root out coca
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial ties
GMT 12:13 2018 Tuesday ,11 December
Arab League urges Bolsonaro to reconsider embassy move
GMT 23:57 2015 Monday ,10 August
Australian expert calls on Japan to 'get message on history right'
GMT 13:47 2018 Sunday ,14 October
Volodin says world should remember Nazi death camp
GMT 13:49 2011 Sunday ,23 October
Abu Dhabi woman wins Volkswagen Jetta for a year
GMT 09:50 2016 Thursday ,16 June
NASA Administrator visits MBRSC
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor