Friday's ETF Winners & Losers

Overseas funds are stronger again.
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Overseas-related exchange-traded funds were among the best performers Friday, thanks to a surge in Asia's indices overnight.

Japan's Nikkei 225 Index jumped 2.6%, Hong Kong's Hang Seng Index surged 2.1%, and China's CSI 300 rose 1.1%. Other measures in Taiwan, South Korea and Indonesia were higher, as well.

The

SPDR S&P China

(GXC) - Get Report

ETF was adding $3, or 3.9%, to $79.91. The

iShares FTSE/Xinhua China 25 Index

(FXI) - Get Report

was higher by $5.56, or 3.8%, to $152.05.

The

iShares MSCI Emerging Markets Index

(EEM) - Get Report

ETF was up $4.47, or 3.4%, to $135.05, and the

iShares MSCI South Korea Index

(EWY) - Get Report

ETF was higher by $2.32, or 3.7%, to $64.72.

Oil-related bundled securities rose as crude prices pushed above the $74-a-barrel level earlier. Recently, the front-month October crude contract advanced 46 cents to $73.81 a barrel.

The

Ultra Oil & Gas ProShares

(DIG) - Get Report

ETF was gaining $2.99, or 3.2%, to $97.72. The

Oil Services HOLDRs

(OIH) - Get Report

rose $3.80, or 2.2%, to $179.31, and the

iShares Dow Jones U.S. Oil Equipment Index

(IEZ) - Get Report

increased $1.22, or 2.1%, to $59.50.

Homebuilder ETFs strengthened after

Federal Reserve

Chairman Ben Bernanke addressed the current subprime mess and President Bush moved to offer federal help to mortgage borrowers.

The

iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

ETF was tacking on 52 cents, or 2.3%, to $23.58. The

SPDR S&P Homebuilders

(XHB) - Get Report

ETF was climbing 49 cents, or 2%, to $24.78.

On the other hand, bundled securities following U.S. Treasuries were among few losers of the day, as traders made their way out of bonds and moved into equities. The 10-year note was recently down 3/32 in price, yielding 4.52%.

The

iShares Lehman Credit Bond

(CFT)

ETF eased by 27 cents, or 0.3%, to $99.52. The

iShares Lehman Long-Term Treasury

(TLO)

ETF was lower by 12 cents, or 0.2%, to $51.42. The

Vanguard Long-Term Bond

(BLV) - Get Report

ETF was off 15 cents, or 0.2%, to $74.62.