Monday's ETF Winners & Losers

Asia-related funds were among the top performers Monday.
Author:
Publish date:

Updated from 12:51 p.m. EDT with new stock prices

Exchange-traded funds tracking Asian markets were the best performers of Monday's winning session, as indices in India and Hong Kong set new records.

Overnight, Hong Kong's Hang Seng added 3.9%, India's Sensex Index jumped 3.8% and Japan's Nikkei rose 1.2%. Other indices in China, South Korea and Indonesia also finished higher.

The

iPath MSCI India Index

(INP)

was recently up $6.71, or 8.2%, to $89.05. The

iShares MSCI Hong Kong Index

(EWH) - Get Report

was higher by 75 cents, or 3.2%, to $24.07. The

PowerShares Golden Dragon Halter USX China

(PGJ) - Get Report

climbed $1.19, or 3.2%, to $38.33.

Bundled securities tracking gold and silver futures were also higher, as precious metals futures were on the rise. Gold prices were up to $789.10 an ounce and silver rallied to $14.37 an ounce.

The

Market Vectors Gold Miners

(GDX) - Get Report

ETF was higher by $1.10, or 2.3%, to $49.50. The

iShares Silver Trust

(SLV) - Get Report

was higher by $2.25, or 1.6%, to $143.58. The

PowerShares DB Silver

(DBS) - Get Report

was gaining 41 cents, or 1.5%, to $28.26. The

iShares Comex Gold Trust

(IAU) - Get Report

ETF was up 45 cents, or 0.6%, to $78.24.

On the other hand, bundled securities tracking the homebuilding sector were on the decline. Among individual names,

Hovnanian

(HOV) - Get Report

,

Toll Brothers

(TOL) - Get Report

and

Pulte Homes

(PHM) - Get Report

were all lower.

The

iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

was down 23 cents, or 1.1%, to $21.28. The

SPDR S&P Homebuilders

(XHB) - Get Report

was shedding 38 cents, or 1.7%, to $22.50.

The

Internet HOLDRs

(HHH)

was also losing ground as shares of

Yahoo!

(YHOO)

dropped more than 5%. The Internet HOLDRs ETF was recently down 98 cents, or 1.5%, to $66.30.