SOURCE: Russell Investments

Russell Investments

December 15, 2010 21:03 ET

Russell Asia ex-Japan Index: Stocks in Indonesia, Philippines Outperform YTD

SEATTLE, WA--(Marketwire - December 15, 2010) - Two of the top three best performing companies in the Russell Asia ex-Japan Index are based in Indonesia with Charoen Pokphand Indonesia Tbk PT topping the list, posting a 390.2% return year-to-date through December 13, 2010. This was followed by Philippines's Aboitiz Equity Ventures Inc (365.2%) and Indonesia's Media Nusantara Citra Tbk PT, which reflected a return of 346.4% through December 13, 2010. Among the 10 best performing companies in the Russell Asia ex-Japan Index, four are based in the Philippines.

India's Koutons Retail India Ltd was the worst performing constituent in the Russell Asia ex-Japan Index, reflecting a loss of 86.6% through December 13, 2010. This was followed by China's A-Power Energy Generation Systems Ltd (-72.7%) and Korea's Pyeong San Co Ltd (-71.9%). In fact, eight of the 10 worst performing companies in the Russell Asia ex-Japan Index are based in either China or Korea.

Russell Asia ex-Japan Index:
Best Performing Stocks
Country Sector YTD through December 13, 2010
Charoen Pokphand Indonesia Tbk PT Indonesia Consumer Staples 390.2%
Aboitiz Equity Ventures Inc Philippines Producer Durables 365.2%
Media Nusantara Citra Tbk PT    Indonesia Consumer Discretionary 346.4%
United Laboratories Ltd Hong Kong Health Care 296.7%
Aboitiz Power Corp      Philippines Utilities 291.9%
Korea Kumho Petrochemical       Korea Materials & Processing 290.2%
DMCI Holdings Inc       Philippines Energy 285.6%
Luk Fook Holdings International Ltd     Hong Kong Consumer Discretionary 284.3%
Semirara Mining Corp    Philippines Energy 272.5%
Renesola Ltd ADS        China Energy 266.1%
Russell ex-Japan Index:
Worst Performing Stocks
Country Sector YTD through December 13, 2010
Koutons Retail India Ltd        India Consumer Discretionary -86.6%
A-Power Energy Generation Systems Ltd   China Producer Durables -72.7%
Pyeong San Co Ltd       Korea Producer Durables -71.9%
Hanmi Holdings Co Ltd   Korea Health Care -70.6%
Ssangyong Motor Co Korea Consumer Discretionary -68.3%
WSP Holdings Ltd (ADR)  China Energy -65.9%
Duoyuan Printing Inc    China Producer Durables -65.2%
VisionChina Media Inc. (ADR)    China Consumer Discretionary -65.1%
United Gene High-Tech Group Ltd Hong Kong Health Care -64.5%
Duoyuan Global Water Inc (ADR)  China Producer Durables -64.2%

The Russell Global Index includes more than 10,000 securities in 61 countries and covers 98% of the investable global market. All securities in the benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here:


Indexes are unmanaged and cannot by invested in directly. Returns represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Russell's publication of the Indexes or Index constituents in no way suggests or implies a representation or opinion by Russell as to the attractiveness of investing in a particular security. Inclusion of a security in an Index is not a promotion, sponsorship or endorsement of a security by Russell and Russell makes no representation, warranty or guarantee with respect to the performance of any security included in a Russell Index. Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company.