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Friday's ETF Winners & Losers

Funds tracking Asia were among the best performers Friday.

Exchange-traded funds tracking Asian markets were among the best performers Friday, as indices in Hong Kong, Taiwan, South Korea, Thailand and Indonesia rose overnight.

Hong Kong's Hang Seng added 0.6%, Taiwan's Taiex Index gained 1.4%, South Korea's Kospi rose 0.5% and Thailand's Stock Exchange finished up 2%.


PowerShares Golden Dragon Halter USX China


rose 89 cents, or 2.9%, to $31.32. The

iShares FTSE/Xinhua China 25 Index


was higher by $5.20, or 3.2%, to $168.79. The

SPDR S&P China


was adding $2.36, or 2.8%, to $88.28. The

iShares MSCI Taiwan Index


was up 37 cents, or 2.3%, to $16.37.

Technology- and software-related ETFs were also on the rise thanks to software developer

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. The company posted a fiscal first-quarter profit that rose 26% from a year ago, beating the Thomson First Call consensus by a penny.


Ultra Technology ProShares


ETF was up $1.53, or 1.9%, to $84. The

Software HOLDRs


gained 42 cents, or 1%, to $42.95. The

iShares S&P GSTI Software


rose 33 cents, or 0.7%, to $49.28. The

PowerShares Dynamic Software


was higher by 12 cents, or 0.6%, to $19.91.

Bundled securities tracking chipmakers were also on the rise. Earlier,

Texas Instruments


raised its dividend by 25% to 10 cents a share. TI also added a buyback of up to $5 billion in stock.


Ultra Semiconductor ProShares


gained $1.96, or 2.3%, to $89.36. The

Semiconductor HOLDRs


was recently up 50 cents, or 1.3%, to $38.79. The

PowerShares Dynamic Semiconductors


added 16 cents, or 0.9%, to $18.95.

On the other hand, ETFs following gold stocks were among the worst performers after Merrill Lynch downgraded

Barrick Gold


to neutral from buy, citing valuation. The firm also cut

Agnico-Eagle Mines


to neutral from buy.


Market Vectors Gold Miners


ETF was lower by 40 cents, or 0.9%, to $45.42. The

PowerShares DB Gold


eased by 18 cents, or 0.6%, to $28.69. The

iShares Comex Gold Trust


was off 42 cents, or 0.6%, to $72.40. The

streetTRACKS Gold Shares


ETF shed 32 cents, or 0.4%, to $72.40.