Facix declines 1.1 points to 110.48, I-Cable down 8%

The FinanceAsia Composite Internet Index (Facix) closed 110.48 points on Tuesday, January 30, down 1.1 points (-0.96%) from the previous trading day.

Biggest gainers

Rediff.Com India up 23.61%
Neowiz Corp up 11.95%
Netease.com up 7.25%

Biggest losers

I-CABLE Communications down 8.11%
36.COM HOLDINGS down 8.33%
tom.com limited down 9.17%

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].

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