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Notable ETF Movers of the Day 10/25: FXI, KOL, GLD Higher; UNG, VXX, UUP Higher

October 25, 2010 12:11 PM EDT
Gainers

  • iShares FTSE/Xinhua China 25 Index (NYSE: FXI) up 1.55% to $46.38. The Chinese stock ETF is seeing some gains on solid earnings out of commodity and electronics companies in China. See KOL below for a little more color on Yanzhou Coal, which reported solid earnings last Friday.

  • Market Vectors Coal ETF (NYSE: KOL) up 2.42% to $40.99. Making gains today as Chinese coal company, Yanzhou Coal, said that their Q310 revs jumped from CNY1.12 billion to CNY3.68 billion on stronger demand. The company said that they expect FY10 net profit to double.

  • SPDR Gold Shares (NYSE: GLD) up 0.82% to $130.79. Gold edges higher today as the U.S. dollar is weaker today following G-20 meeting over the weekend. [See UUP below].


Receders

  • United States Natural Gas (NYSE: UNG) down 1.95% to $5.22. China's NEA said that energy consumption will slow down in the fourth quarter of 2010, their deputy director said at a recent conference in Beijing. China will close 1,539 small, unsafe coal mines this year, and nat gas supplies are expected to be tight in Q410 and going into FY11. PetroChina (NYSE: PTR) has been ordered to run capacities at full steam in the winter. The move is boosting PTR's stock today, which is trading 2.4% heading into afternoon trading.

  • iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 1.56% to $12.63. Investors weighing Fed comments today, as well as new home sales today. Traders may still be weighing the impact of foreclosure lawsuits in all 50 states going forward, despite existing home sales coming in nearly 10% higher to 4.53 million units.

  • PowerShares DB US Dollar Index Bullish (NYSE: UUP) down 0.58% to $22.34. G-20 news is carpe-ing dollar-em today, as the leaders agreed over the weekend to avoid "competitive devaluation" of their currencies.


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