AGEM Releases December 2018 Index

Now the Index is also available online with real-time updates and member company news at http://www.agemindex.com/.

The AGEM Index decreased in December 2018 by 41.73 points to 402.51 points,   a 9.4 percent decline from November 2018. The AGEM Index's December 2018 decline was due in large part to a 6.7 percent decrease in the stock price of Aristocrat Leisure Limited (ASX: ALL), which dropped from AU$23.40 to AU$21.84. This stock was responsible for 16.23 points of the AGEM      Index's monthly decline. Crane Co. (CR) experienced        a 16.4 percent stock price drop from $86.37 to $72.18, which in turn led to a contribution of negative 11.70 points. Overall, the AGEM Index companies reported negative results in stock price performance during the month, with four trending positively and 10 moving negatively.

The poor monthly performance in the AGEM Index was reflected in the major stock indices, as the Dow Jones Industrial Average and the S&P 500 experienced decreases of 8.7 percent and 9.2 percent, respectively, while the NASDAQ dropped by 9.5 percent.

The AGEM Index

The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 13 global gaming suppliers throughout the world. A total of ten suppliers are based in the United States and are listed on the NYSE, Nasdaq or OTC market, while two trade on the Australian exchange, one on the Tokyo exchange, and another trades on the Taiwan OTC 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 beenconverted 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.