Facix rises 4.9 points to 113.2, PhilWeb.com up 49%

The FinanceAsia Composite Internet Index (Facix) closed 113.16 points on Monday, 22 January, up 4.91 points (+4.54%) from the previous trading day.

Biggest gainers

Philweb.Com up 48.48%
 36.COM HOLDINGS up 25.00%
 I-CABLE Communications Ltd up 15.38%

Biggest losers

INTERNET TECHNOLOGY down 4.88%
Rediff.Com India down 7.95%
Asiacontent.com down 12.12%

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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