Facix declines 2.2 points to 99.74, Rediff.com loses 8%

February 22, 2001

The FinanceAsia Composite Internet Index Facix closed 99.74 points on Wednesday, February 21, down 2.20 -2.162% from the previous trading day.

Biggest gainers

Korea Thrunet Company Ltd.  7.14%
Pearl Oriental Cyberforce Ltd  7.14%
iSteelAsia.com  5.26%

Biggest losers

Medidas Co Ltd  -6.39%
Daum Communications Corp  -6.71%
Rediff.Com India Ltd  -7.94%

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....





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