Zona de Azar USA – AGEM Index off Half a Percent in March

USA.- April 10th 2023 www.zonadeazar.com The AGEM Index decreased by 5.10 points in March 2023 to 945.81, a 0.5 percent decrease from the prior month. Compared to one year ago, the index was down 9.59 points, or 1.0 percent. During the latest month, six of the 12 AGEM Index companies reported stock price increases, which resulted in five positive contributions to the AGEM Index and seven negative contributions.

The largest positive contribution to the monthly index was sourced to Konami Corp. (TYO: 9766), whose 1.0 percent increase in stock price led to a 4.70-point gain to the index. Additionally, Aristocrat Leisure Limited (ASX: ALL) saw its stock price increase by 1.8 percent, leading to a 3.94-point gain for the index. The largest negative contribution to the index was sourced to Crane Co. (NYSE: CR), whose 5.2 percent decrease in stock price resulted in a 7.19-point loss for the AGEM Index.

All three major U.S. stock indices saw month-over-month increases in March 2023. The NASDAQ increased by 6.7 percent from February, while the S&P 500 grew by 3.5 percent. Meanwhile, the Dow Jones Industrial Average increased by 1.9 percent from the prior period.

The AGEM Index

The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 12 global gaming suppliers throughout the world. A total of nine suppliers are based in the United States and are listed on the NYSE, Nasdaq or OTC market, while two trade on the Australian exchange and one on the Tokyo exchange.

The index is computed based on the month-end stock price (adjusted for dividends and splits) of each company and weighted based on approximation of market capitalization. Market capitalizations for manufacturers trading on foreign exchanges have been converted to US dollar-equivalents as of month-end for comparability purposes.

The AGEM Index is based on a 100-point value as of January 2005. Company stock prices and AGEM Index contributions may be revised as necessary due to stock splits, reverse stock splits, mergers, acquisitions and other business activities.

Edited by: @MaiaDigital www.zonadeazar.com