C
ompiled by the Association of Gaming Equipment Manufacturers (AGEM), the AGEM Index for August showed an all-time high of 1,012.89 after an increase by 87.57 points, which is a 9.5% gain from July 2021.
In the last month, nearly all AGEM Index companies reported increases in stock price, with 10 of them posting positive contributions and two recording a negative contribution to the index.
This growth was mainly due to a 9.7% increase in the stock price of Australian slot machine supplier, Aristocrat Leisure Limited, which rose from $41.64 to $45.67. This had as a result an increase of 26.73 points.
Konami Corp. added 21.64 points as a consequence of a 14.7% rise in stock price. Scientific Games Corporation contributed 21.45 points with a 17.2% stock price increase.
Galaxy Gaming Inc. and Transact Technologies were the two companies that suffered declines.
Compared to the prior year, the AGEM Index was up 109.9%, doubling the numbers of August 2020.
The major stock indices also performed well over the month as the Nasdaq and the S&P 500 experienced monthly gains of 4.5% and 3.2%, respectively. The Dow Jones Industrial Average grew by 1.2%.
The AGEM Index is a monthly stock performance guide comprising 12 global gaming suppliers. It is calculated based on the month-end stock price of each company, and weighted based on approximation of market capitalization.
Original article: https://www.yogonet.com/international//noticias/2021/09/06/59145-aristocrat-drives-agem-indexs-all-time-high-of-1_012-points-in-august
