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US – AGEM Index shows marked improvement from March to April

By - 7 May 2020

The AGEM Index increased by 63.52 points in April 2020 to 376.04 points, a 20.3 per cent gain from March 2020.

Eleven of the 13 AGEM Index companies reported significant stock price increases as global markets began to rebound from the shocks due to the COVID-19 pandemic. The stock price for Aristocrat Leisure Limited increased by 19.4 per cent, accounting for a 40.13-point improvement in the AGEM Index, while International Game Technology experienced a 26.7 percent stock price jump that led to an index contribution of 5.82 points.

All three major US stock indices increased as the Dow Jones Industrial Average and the S&P 500 experienced monthly gains of 11.1 per cent and 12.7 per cent, respectively. The NASDAQ also experienced a gain of 15.5 per cent.

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