Facix declines 4.6 points to 114, Pacific Internet down 11%

The FinanceAsia Composite Internet Index (Facix) closed 114.32 points on Tuesday, November 21, down 4.62 points (-3.89%) from the previous trading day.

Biggest gainers:

Systex Corporation up 6.54%
Greater China Technology up 5.77%
e-Kong Group up 5.00%

Biggest losers:

36.com Holdings down -11.11%
GigaMedia Ltd down -11.11%
Pacific Internet Limited down -11.25%

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 1,000 on January 3, 2000, the first trading day of the millennium. The list of constituent stocks is available from [email protected].