Facix up 7.7 points, buoyed by PCCW

The FinanceAsia Composite Internet Index (Facix) closed at 277.89 points on August 9, Wednesday, up 7.71 points (+2.86%) from the previous day.
The FinanceAsia Composite Internet Index Facix closed at 277.89 points on August 9, Wednesday, up 7.71 points 2.86% from the previous day.
 
The biggest stock on the Facix, Pacific Century CyberWorks PCCW rose from HK$16.30 to HK$16.70 2.45% on Wednesday when Richard Li sold about 1% of PCCW. About HK$2.3 billion apparently went to Hong Kong's Tracker Fund. The Facix reflected this movement when it rose 2.86%. PCCW has a weight of 47.94% in the FACIX.

The day's best performers were GigaMedia which went up 15.63% e-Kong, which went up 14.44% and Softbank Investment International which rose up 13.33%.

The worst decliners...

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