Notable ETF Movers 12/01: FXI, EWJ, GDX, BHH Up; FXY, UUP Lower

December 1, 2009 12:22 PM EST

StreetInsider.com Notable ETF Movers:

HIGHER;


  • iShares FTSE/Xinhua China 25 Index (NYSE: FXI) up 2.84% to $44.94, and iShares MSCI Japan Index (NYSE: EWJ) up 3% to $9.85. Investors are working over foreign markets as investors took a more relaxed economic stance on data from Dubai, a move by Japan's central bank will infuse 10 trillion yen of liquidity, an interest rate hike in Australia made the AUD more attractive, and news from the European front was positive as their manufacturing industry grew for a second straight month. Also notable is the iShares MSCI United Kingdom Index (NYSE: EWU) which is up 2.64% to $16.70. For that matter, Brazil (NYSE: EWZ), Mexico (NYSE: EWW), and Canadian (NYSE: EWC) ETF's are all up about 2.50% on average.

  • Market Vectors Gold Miners ETF (NYSE: GDX) shares are booming at $53.84, up $5.35%. Gold keeps mining the gains as the Yellow Bricks surpass the $1,200 mark. Gold miners love when this happens, it's like Christmas in December for them.


  • Out of left field today comes B2B Internet HOLDRs (NYSE: BHH) as Ariba (NASDAQ: ARBA), which compromises 84.62% of the ETF, is up about 3% on news that The Receivables Exchange will introduce an integrated networking solution that will be delivered solely through Ariba.

    LOWER:

    • CurrencyShares Japanese Yen Trust (NYSE: FXY) down 0.35% to $114.45. The ETF is certainly not looking foxy as Japan's Central bank said it will infuse 10 trillion yen ($115.8 billion) into commercial banks through short-term loans in an effort to fight deflation and boost liquidity. Additionally, PowerShares DB US Dollar Index Bullish (NYSE: UUP) is also down 0.63% to $22.03 as investors gain more confidence overseas [see above].


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    Stocks Mentioned

    ARBA 11.40

    +0.18 +1.60%
    Volume: 1,003,511
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    BHH 0.40

    +0.02 +5.26%
    Volume: 9,000
    Track BHH

    EWC 24.73

    +0.48 +1.98%
    Volume: 2,398,317
    Track EWC

    EWJ 9.81

    +0.06 +0.62%
    Volume: 37,335,109
    Track EWJ

    EWU 15.08

    +0.38 +2.59%
    Volume: 1,816,122
    Track EWU

    EWW 46.63

    +0.78 +1.70%
    Volume: 3,283,069
    Track EWW

    EWZ 65.37

    +2.53 +4.03%
    Volume: 33,277,453
    Track EWZ

    FXI 38.46

    +1.29 +3.47%
    Volume: 50,063,785
    Track FXI

    FXY 110.73

    -0.34 -0.31%
    Volume: 98,643
    Track FXY

    GDX 42.57

    +1.79 +4.39%
    Volume: 24,229,260
    Track GDX

    UUP 23.49

    -0.15 -0.63%
    Volume: 11,684,759
    Track UUP


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