The company which announced the first gold pour from itsSukari project in Egypt on Monday reiterated that

The company, which announced the first gold pour from itsSukari project in Egypt on Monday, reiterated that it remainscommitted to ramping up to full production towards the end of2009. (Reporting by Julie Crust; Editing by Lorraine Turner) ($1=1.149 Canadian Dollar). The shareswill be placed with three large North American resource focusedfunds. Centamin plans to use the net proceeds for continuedexploration activities and general corporate purposes. The offer was priced at C$1.56 per share, a discount to theclosing share price (CEE.TO) of C$1.66 on Thursday.

* Raises gross proceeds of C$29.6 mln from private placement * Offer at C$1.56/share vs Thursday share close of C$1.66(Adds details) LONDON, July 3 (Reuters) - Gold producer Centamin Egypt Ltd(CEY.L) CNT.AX said on Friday it will raise gross proceeds ofC$29.6 million ($26 million) from a private placement of 19million shares. Net fund flow (in billion yen): June May Overall -110.8-49.6 Japanese stock funds -45.9-43.7 Foreign stock funds+42.6 +0.6 Japanese bond funds +0.6 -3.4 Foreign bond funds-3.7+45.5 Domestic hybrid funds +5.8 +3.6 Foreign hybrid funds-1.8-17.5 Total asset value (in trillion yen): JuneMay Overall 45.2 44.3 Japanese stock funds 5.14.9 Foreign stock funds6.66.4 Japanese bond funds1.91.9 Foreign bond funds19.5 19.3 Domestic hybrid funds8.40.8 Foreign hybrid funds 8.28.0 (Reporting by Chikafumi Hodo; Editing by Edwina Gibbs) Stocks  |  Currencies  |  Bonds Stocks Currencies Bonds. The overall value of investment trust funds rose for a fifthstraight month, rising 2 percent to 45.2 trillion yen by the endof June -- the highest level since September last year Following is a breakdown of the data. The NRI data showed net outflow from domestic stocks fundsrose 5 percent to 45.9 billion yen in June. Japanese investors have been net buyers of foreign debt foreight weeks in a row, according to the finance ministry data, asthey feel more comfortable diversifying abroad. But retail investors were net sellers of foreign bond fundsfor the first time since February, with a net outflow of 3.7billion yen in June after a net inflow of 45.5 billion yen inMay. Separately, Finance Ministry data on Thursday showed Japaneseinvestors, both institutional and retail, bought a whopping 1.53trillion yen of overseas bonds last week, the most they havebought in one week since June 2005.

Foreign stock funds saw a net inflow of 42.6 billion yen inJune, up from an inflow of 600 million yen the previous month. Overall net outflow from publicly placed investment trustfunds, or "toshin", rose to 110.8 billion yen ($1.2 billion) inJune, up from 49.6 billion yen the previous month. The Nikkei share average .N225 rose more than 40 percentfrom a low hit in March to break the 10,000 mark in June. Retail investors may have booked profits on exchange-tradedfunds, helping expand outflow, after buying heavily in March,said an official from Nomura Research Institute (NRI) whichcompiled the data. TOKYO, July 3 (Reuters) - Net outflows from Japanese mutualfunds targeting individuals more than doubled in June asinvestors locked in profits after a sharp recovery in shareprices, data showed on Friday. But shares in energy issues sank on the latest weakness incrude futures CLc1, fuelling worries about crude product demand. SK Energy (096770.KS), South Korea's top crude refiner, fell1.54 percent, and GS Holdings, holding company of South Korea'sNo 2 crude refiner GS Caltex, declined 0.17 percent..

Huneed, a manufacturer of wireless communications equipmentfor military purposes, ended up 1.53 percent and Victek, a makerof military equipment parts, gained 1.3 percent. "It is good news but won't last long because when the pricegoes up, Chinese rivals who have been keeping their productionvolumes low will want to produce more," said analyst Anthony Kimat Woori Investment & Securities. Meanwhile shares in defence issues including HuneedTechnologies (005870.KS) and Victek (065450.KQ) advanced afterthe North Korean missile tests. Ethylene is a main feedstock of PVC, widely used forindustrial and commercial purposes.

chemicals maker Dow ChemicalCo (DOW.N) will shut down several ethylene operations inLouisiana to cut costs. [ID:nN01496103] Analysts said Dow Chemical's output cut was expected to boostglobal polyvinyl chloride (PVC) prices and help Hanwha's PVCbusiness. Meanwhile Hanwha Chemical (009830.KS) rose 5.5 percent on thenews late on Wednesday that top U.S. LG Life Sciences ended up 4.55 percent and Green Cross jumped4.59 percent. "LG Life Sciences (068870.KS) rallied as theirexport-oriented businesses have done quite well in the secondquarter, and Green Cross (006280.KS) as the maker of swine fluvaccine, is expected to perform well," said Shin Ji-won, ananalyst at Mirae Asset Securities. Hynix Semiconductor gained 2.4 percent after key DRAM memorychip spot prices advanced in a range of 1 to 2 percent, accordingto DRAMeXchange, an electronic parts research firm. Pharmaceutical firms also rose in anticipation that they willreport strong earnings.