LUN 18 DE MARZO DE 2024 - 23:05hs.
8 of the 13 firms reported increases in stock price

AGEM Index in 23rd monthly year-on-year gain

The AGEM Index, which tracks the stock performance of major listed firms in the casino equipment supply sector, reported a year-on-year gain in August – the 23rd consecutive month of such improvement – of 145.26 points, or 50.7%, compared to August 2016.

The composite index stood at 431.66 points at the close of August which represents an increase of 7.74 points, or 1.82%, when compared to July 2017.

The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index in association with research firm Applied Analysis.

During the latest reporting period, eight of the 13 global gaming equipment manufacturers reported month-to-month increases in stock price, with three up by more than 10%. Five manufacturers reported decreases in stock price during the month, with all of those posting single-digit declines.

Aristocrat Leisure contributed 4.87 points during the month due to a 4.65% increase in stock price to US$16.97, while Ainsworth Game Technology contributed 0.85 points due to a 2.66% increase in stock price to AUD2.66.

International Game Technology reported a 6.99% increase in stock price to US$20.37 and contributed 3.90 points for the overall index increase.

The AGEM Index is computed based on the month-end stock price (adjusted for dividends and splits) of each company and weighted based on approximation of market capitalisation. It is based on a 100-point value recorded as of January 2005.

AGEM is a non-profit international trade association representing manufacturers and suppliers of electronic gaming devices, systems, table games, online technology, key components, and support products and services for the gaming industry.

Source: GMB / GGR Asia