Dropping 1.05 points

AGEM Index pulls back 1.0 percent

(US).- During the first month of the year, the AGEM Index pulled back 1.0 percent, dropping 1.05 points from the previous month to 104.45.
2011-02-15
Reading time 18 seg

A modest downturn within the index of 17 publicly traded global gaming suppliers suggests investors continue to exercise caution going into fourth quarter earnings season.

 Negative returns were sourced to a handful of United States manufacturers while the top gains were reported from companies based outside the United States.

From the 102.88 index value reported a year ago, the index remains up 1.5 percent. During the month, the AGEM Index underperformed compared to the broader equities markets.

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