The AGEM Index increased in February 2019 by 0.15 points to 463.73 points, a 0.03 percent gain from January 2019.
The largest positive contributor to the AGEM Index in February 2019 was Scientific Games Corporation (SGMS), which added 6.47 points due in large part to a 15.96 percent increase in stock price. International Game Technology PLC (IGT) experienced a 5.44 percent stock price gain from $16.36 to $17.25, which led to an index contribution of 2.91 points. Overall, most AGEM Index companies reported good results in stock price performance during the month, with nine trending positively and five moving negatively.
The monthly performance of the AGEM Index was reflected in the major stock indices, as the Dow Jones Industrial Average and the S&P 500 increased by 3.7 percent and 3.0 percent, respectively, while the NASDAQ grew by 3.4 percent.