AGEM index with modest gains

The AGEM Index moved modestly upwards in the middle of second quarter earnings season. The composite score of 17 global gaming suppliers gained 1.68 points from June 2010, reaching a value of 90.57 by the close of July 2010. For comparison purposes, the 1.89 percent gain in the AGEM Index was undersized by the broader equities markets, which closed significantly higher for the month, with the Dow Jones Industrial Average and Standard and Poor’s 500 Index expanding 7.1 percent and 6.9 percent, respectively. The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 17 global gaming suppliers throughout the world. The AGEM Index is based on a 100-point value as of January 2005.