AGEM Index studies 2.9% regular monthly increase in February immediately after January’s drop | Yogonet Global

Just after a drop of 4.7% in January in a decrease by 45.71 factors, the AGEM Index revealed its numbers for February exhibiting an advancement by 27.08 details to 952.95, marking a 2.9% improve from the to start with thirty day period of the year.

In comparison to February 2021, the index added 201.16 points for an yearly progress rate of 26.8%. Through the most current reporting interval, nine of the AGEM Index companies documented inventory rate increases, with a few submitting a drop. As a end result, 8 businesses posted favourable contributions to the index, even though 1 posted no change and the remaining three companies experienced adverse contributions.

The top contributor to the month-to-month index was International Game Technological innovation (IGT), whose 14.4% maximize in inventory value led to a 17.29-position attain for the index. Scientific Online games Company noted a 10.51-level contribution to the index as a outcome of a 9.1% increase in total inventory rate. The premier damaging contribution to the index was sourced to Aristocrat Leisure Restricted, whose 7.6% fall in inventory value resulted in a 17.49-level minimize in the AGEM Index.

In the most recent reporting period, all a few key U.S. stock indices declined at the time yet again. The S&P 500 declined 3.1%, though the NASDAQ fell by 3.4%. The Dow Jones Industrial Average knowledgeable the major dip among the major U.S. inventory indices with a 3.6% decrease in February 2022.

In January, the AGEM Index had observed a 4.7% decrease from December 2021 amid a wide sector decrease.  

AGEM makes the month-to-month AGEM Index that includes 12 international gaming suppliers all over the world. A whole of nine suppliers are centered in the United States and are stated on the NYSE, Nasdaq or OTC current market, although two trade on the Australian trade and one on the Tokyo exchange.