English French German Italian Portuguese Russian Spanish

News

AGEM Index December 2022

The AGEM Index decreased by 66.85 points in December 2022 to 839.10, a 7.4 percent decline from the prior month. Compared to one year ago, the index was down 132.49 points, or 13.6 percent. During the latest month, 10 of the 12 AGEM Index companies reported stock price decreases, resulting in 10 negative contributions to the AGEM Index and two positive contributions.

Is Las Vegas Sands Stock A Buy With Macau looking positive for start of Recovery?

Las Vegas Sands (NYSE:LVS) stock has fared well over the last quarter or so, rising by about 40% since the end of October 2022.

The recent gains come as two major overhangs relating to the Macau business – which accounted for over 60% of the company’s pre-pandemic revenue – appear to be easing. Firstly, China’s State Council has been rolling back some Covid-19 restrictions, scaling back on mass testing, quarantine requirements, and the use of the health code system.