AGEM Index MARCH 2021 | On line casino Life Journal
The AGEM Index elevated by 12.33 factors to 764.13 factors in March 2021, a 1.6 p.c achieve from February 2021. Over the month, nearly all of AGEM Index firms reported decreases in inventory value, with 5 trending positively and eight shifting negatively.
The AGEM Index’s March 2021 development was pushed by a 13.1 p.c enhance within the inventory value of Aristocrat Leisure Restricted (ASX: ALL), which rose from $30.36 to $34.35. The inventory was answerable for 35.77 factors of the AGEM Index’s month-to-month development. The opposite important index contributor was Crane Co. (NYSE: CR), which added 12.21 factors resulting from a 12.0 p.c inventory value achieve from $83.86 to $93.91.
The foremost inventory indices additionally carried out strongly over the month because the Dow Jones Industrial Common and the S&P 500 skilled month-to-month beneficial properties of 6.6 p.c and 4.2 p.c, respectively, whereas the NASDAQ grew by 0.4 p.c.
The AGEM Index
The Affiliation of Gaming Gear 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 america and are listed on the NYSE, Nasdaq or OTC market, whereas two commerce on the Australian change, one on the Tokyo change, and one other trades on the Taiwan OTC change. 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 international exchanges have been transformed to US dollar-equivalents as of month-end for comparability functions. The AGEM Index is predicated on a 100-point worth as of January 2005. Firm inventory costs and AGEM Index contributions could also be revised as obligatory resulting from inventory splits, reverse inventory splits, mergers, acquisitions and different enterprise actions.