Facix declines 4.9 points to 94.9, Wherever.net loses 15%

The FinanceAsia Composite Internet Index (Facix) closed 94.85 points on Thursday, February 22, down 4.89 (-4.90%) from the previous trading day.

Biggest gainers

Sohu.com Inc  8.57%
Pacific Internet Limited  7.27%
Pearl Oriental Cyberforce Ltd  6.67%

Biggest losers

Korea Telecom Hitel Co Ltd  -10.34%
Medidas Co Ltd  -11.85%
Wherever.net Holding Corp.  -14.71%

To account for the Nasdaq or NYSE traded stocks, the Facix is calculated the following day, Hong Kong time.

The Facix is an index of 57 Asian "pure-play" or "intimately pure-play" internet stocks created and maintained by FinanceAsia, the leading capital markets magazine in the region.

The base currency for the Facix is the US dollar. Its value was set to 1000 on 3 January 2000, the first trading day of the millennium. The list of constituent stocks is available from [email protected].

Share our publication on social media
Share our publication on social media