Facix declines 3.7 points to 102.1, Neowiz down 12%

The FinanceAsia Composite Internet Index (Facix) closed 102.13 points on Wednesday January 17, down 3.70 points (-3.50%) from the previous trading day.

Biggest gainers

 Asiacontent.com up 50.00%
 Sohu.com up 15.56%
 Rediff.Com India up 14.81%

Biggest losers

 Neowiz Corp down 11.82%
 LG Home Shopping down 11.88%
 Netalone.Com  down 12.50%

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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