Facix declines 1.1 to 101.9, Pacific Internet down 24%

The FinanceAsia Composite Internet Index (Facix) closed 101.94 points on Tuesday, February 20, down 1.13 (-1.102%) from the previous trading day.

Biggest gainers

Pearl Oriental Cyberforce Ltd  16.67%
Internet Technology Group  10.53%
MediaRing.com  6.82%

Biggest losers

GigaMedia Ltd.  -10.99%
Asiacontent.com  -11.11%
Pacific Internet Limited  -23.61%

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].