The AGEM Index advanced by means of 60.18 issues in December to 691.90 issues, a 9.five p.c acquire from November 2020. Total, nearly all of AGEM Index corporations reported positive aspects in inventory value over the month, with 9 trending definitely and 4 shifting negatively.
The AGEM Index’s enlargement used to be due largely to an building up within the inventory value of Global Recreation Generation PLC (IGT). The corporate’s inventory grew 34.6 p.c and contributed 20.13 issues to the AGEM Index’s December acquire. Moreover, the inventory value for Crane Co. (CR) greater 11.7
p.c, which ended in an index contribution of 8.86 issues.
The foremost inventory indices additionally carried out neatly because the NASDAQ and the S&P 500 climbed by means of 3.five p.c and 1.2 p.c, respectively, whilst the Dow Jones Commercial Reasonable grew by means of 0.five p.c.
The AGEM Index
The Affiliation of Gaming Apparatus Producers (AGEM) produces the per month AGEM Index that accommodates 13 world gaming providers during the sector. A complete of 9 providers are primarily based in the USA and are indexed at the NYSE, Nasdaq or OTC marketplace, whilst two business at the Australian change, one at the Tokyo change, and some other trades at the Taiwan OTC change. The index is computed in accordance with the month-end inventory value (adjusted for dividends and splits) of each and every corporate and weighted in accordance with approximation of marketplace capitalization. Marketplace capitalizations for producers buying and selling on overseas exchanges had been transformed to US dollar-equivalents as of month-end for comparison functions. The AGEM Index is in accordance with a 100-point worth as of January 2005. Corporate inventory costs and AGEM Index contributions could also be revised as essential because of inventory splits, opposite inventory splits, mergers, acquisitions and different industry actions.
AGEM is a global business affiliation representing producers of digital gaming units, methods, lotteries, and parts for the gaming trade. The Affiliation works to additional the pursuits of gaming apparatus producers during the sector. Via political motion, tradeshow partnerships, data dissemination and excellent company citizenship, the individuals of AGEM paintings in combination to create advantages for each corporate throughout the group. In combination, AGEM and its member organizations have assisted regulatory commissions and took part within the legislative procedure to unravel issues and create a favorable industry atmosphere.