AGEM February 2021 | On line casino Life Journal
The AGEM Index improved by 55.72 factors to 751.79 factors in February 2021, an 8.0 % development fee over January 2021. Throughout the newest interval, all however one firm within the AGEM Index reported will increase of their inventory costs over the month.
The AGEM Index’s month-to-month development was pushed by a big acquire within the inventory value of Agilysys (AGYS). The corporate’s inventory value climbed by 62.0 % and contributed 15.09 factors to the AGEM Index. One other sturdy performer for the month was Scientific Video games Company (SGMS), whose inventory value elevated 19.4 % and contribution 14.94 factors to the index’s month-to-month rise.
The main inventory indices carried out effectively because the Dow Jones Industrial Common and the S&P 500 skilled month-to-month development of three.2 % and a pair of.6 %, respectively. The NASDAQ skilled a acquire of 0.9 %.
The AGEM Index
The Affiliation of Gaming Tools Producers (AGEM) produces the month-to-month AGEM Index that includes 13 international gaming suppliers all through the world. A complete of 9 suppliers are based mostly in the USA and are listed on the NYSE, Nasdaq or OTC market, whereas two commerce on the Australian trade, one on the Tokyo trade, and one other trades on the Taiwan OTC trade. The index is computed based mostly on the month-end inventory value (adjusted for dividends and splits) of every firm and weighted based mostly on approximation of market capitalization. Market capitalizations for producers buying and selling on overseas exchanges have been transformed to US dollar-equivalents as of month-end for comparability functions. The AGEM Index relies on a 100-point worth as of January 2005. Firm inventory costs and AGEM Index contributions could also be revised as crucial attributable to inventory splits, reverse inventory splits, mergers, acquisitions and different enterprise actions.