In February, it lost 10.19 points or 15.4 %
AGEM Index sinks to record low
(US).- According to the Association of Gaming Equipment Manufacturers, the index measuring the performance of 16 global gaming suppliers plummeted once again hitting a new low of 56.11 in February.
2009-03-12
Reading time 22 seg
In February, the index lost 10.19 points, or 15.4 %, which is a record low since the index began in January 2005. Year-over-year the index is down a staggering 63.7 %. The index fell 17.1 % in January.
Based on a 100-point value, the Association of Gaming Equipment Manufacturers’ index, or the AGEM index, is computed based on each company’s month-end stock price and weighted based on approximation of market capitalization.
February’s decline was due in part to decreases in Konami’s and International Game Technology’s stock value, The Association of Gaming Equipment Manufacturer said.
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