The AGEM Index greater via 48.85 issues in September 2020 to 530.87 issues, a 10.1 % acquire from August 2020. 5 of the 13 AGEM Index corporations reported inventory value will increase in spite of downward tendencies in main U.S. inventory indices in September.
The inventory value for Medical Video games Company (SGMS) greater via 68.7 %, accounting for a 37.05-point development within the AGEM Index, whilst Konami Corp. (TYO.9766) skilled a 11.1 % inventory value bounce that resulted in an index contribution of 10.87 issues.
All 3 main U.S. inventory indices reduced because the NASDAQ dropped via 5.four %, the S&P 500 fell via 3.nine %, and the Dow Jones Business Reasonable declined via 2.1 % in comparison to August 2020.
The AGEM Index
The Affiliation of Gaming Apparatus Producers (AGEM) produces the per 30 days AGEM Index that incorporates 13 world gaming providers during the arena. 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 alternate, one at the Tokyo alternate, and some other trades at the Taiwan OTC alternate. The index is computed according to the month-end inventory value (adjusted for dividends and splits) of each and every corporate and weighted according to approximation of marketplace capitalization. Marketplace capitalizations for producers buying and selling on international exchanges have beenconverted to US dollar-equivalents as of month-end for comparison functions. The AGEM Index is according to a 100-point worth as of January 2005.