• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

April AGEM Index up 5.3pct; Aristocrat, IGT gainers

May 07, 2019 Newsdesk Industry Talk, Latest News, Top of the deck, World  


April AGEM Index up 5.3pct; Aristocrat, IGT gainers

The AGEM Index of share prices among major makers of casino gaming equipment rose by 23.89 points to 476.35 points in April, 5.3 percent higher than the month before. Compared to the same time last year, the index was down by about 10.3 percentage points.

In March, the index fell by 11.27 points to 452.46 points in March, a 2.43-percent decline compared to February.

April’s index rose faster than the main gauges of stock prices in the United States: the Dow Jones Industrial Average having risen by 2.6 percent, the S&P 500 index by 3.9 percent and the Nasdaq index by 4.7 percent.

AGEM April index

Of the stocks tracked by the AGEM Index, the prices of 10 rose last month and the prices of four fell. Notable among the shares tracked were those of Aristocrat Leisure Ltd. The per-unit price rose by 6.4 percent, adding 9.8 points to the index. International Game Technology Plc (IGT) saw its stock price rise 12.6 percent, adding 5.54 points to the index.

The index tracks the price of each stock in United States dollars at the end of every month, adjusted for dividends and splits, and roughly weighted according to market capitalisation. The base of the index is 100 points, set in January 2005.

Among the stocks in the AGEM Index, 10 are traded in the U.S., two in Australia, one in Japan and one in Taiwan.

Applied Analysis compiles the index every month for the Association of Gaming Equipment Manufacturers (AGEM). AGEM is represents makers of electronic gaming devices, systems, lotteries, and components for the gaming industry.


  • tweet
Related articles
  • IGT quarterly loss doubles sequentially 4Q as revenue dips
    IGT quarterly loss doubles sequentially...

    Mar 03, 2021  

  • 2021 board named for International Gaming Standards Assn
    2021 board named for International...

    Mar 02, 2021  

More news
  • Fitch says LVS Nevada sale slight negative, Moody’s keener
    Fitch says LVS Nevada sale slight...

    Mar 05, 2021  

  • Travel ban on casino hub Sihanoukville: reports
    Travel ban on casino hub Sihanoukville:...

    Mar 05, 2021  


Latest News

Fitch says LVS Nevada sale slight negative, Moody’s keener

Fitch says LVS Nevada sale slight negative, Moody’s keener

Mar 05, 2021  

Despite United States-based casino group Las Vegas Sands Corp (LVS) being in line to generate US$6.25 billion from the sale of its Las Vegas, Nevada assets, Fitch Ratings Inc said in a Thursday memo...
Read More
Travel ban on casino hub Sihanoukville: reports

Travel ban on casino hub Sihanoukville: reports

Mar 05, 2021  

Melco says City of Dreams in Cyprus open summer 2022

Melco says City of Dreams in Cyprus open summer 2022

Mar 05, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

“Prolonged closure of operations could derail earnings recovery and weigh on NagaCorp’s credit quality"

Junling Tan, Yu Sheng Tay and Vikas Halan

Analysts at credit rating agency Moody’s Investors Service



Most Popular

  • Lim Kok Thay, GEN Singapore execs in US$1.3mln stock awardLim Kok Thay, GEN Singapore execs in US$1.3mln stock award March 2, 2021
  • Las Vegas Sands to sell off Nevada assets for US$6.25blnLas Vegas Sands to sell off Nevada assets for US$6.25bln March 3, 2021
  • Covid-19 test cert no longer needed for Macau casino entryCovid-19 test cert no longer needed for Macau casino entry March 2, 2021
  • Galaxy Macau to add Raffles-branded hotel towerGalaxy Macau to add Raffles-branded hotel tower March 1, 2021
  • Macau casino GGR down 9pct m-o-m in February: govtMacau casino GGR down 9pct m-o-m in February: govt March 1, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us