Leveranciersnieuws
US – AGEM Index falls 5.7 per cent
By Phil - 7 september 2015
The AGEM Index fell to 190.45 in August 2015, representing a decline of 11.45 points, down 5.7 per cent from July 2015.
While the decline is largely attributable to broader market trends in late August, the latest period represents the fourth monthly decline in the AGEM Index since the start of 2015. Compared to a year ago, the composite index was relatively flat, falling a modest 0.13 points, down 0.1 per cent from 190.58. Effective August 24, 2015, Global Cash Access changed its name to Everi Holdings Inc. and began trading as EVRI on the New York Stock Exchange.
In August, eight of the 13 global gaming equipment manufacturers reported a decline in stock price compared to July 2015. Additionally, five manufacturers reported a stock price decline of more than 10 percent, with three down by more than 20 per cent. Of the five manufacturers that reported gains in stock price during the month, all but one were up by less than three per cent.
The broader stock markets reported declines in August largely due to international economic concerns, with each of the three major indices falling by more than six per cent. NASDAQ ended the month at 4,776.51, which represents a decline of 6.9 per cent from the prior month. The Dow Jones Industrial Average fell 6.6 per cent to 16,528.03, while the S&P 500 fell 6.3 per cent to 1,972.18.
Konami contributed 2.69 points, due to a 2.9 per cent increase in stock price to ¥2,664. Everi Holdings reported a stock price of $5.17, up 2.4 per cent and contributed 0.10 point to the index.
Due to a 14.2 per cent decline in stock price to $16.98, International Game Technology contributed negative 6.00 points. Scientific Games contributed negative 3.20 points, due to a 27 per cent decline in stock price to $11.02. With a stock price of AU$8.44, down 1.5 per cent, Aristocrat Technologies contributed negative 2.65 points.
