The Association of Gaming Equipment Manufacturers (AGEM) Index saw a small increase in October from the month before, rising by just 0.6 percent. However, compared to one year ago, the index was up by 27.6 percent.
During the month, only two of the 10 AGEM Index companies reported stock price increases, which resulted in two positive contributions and eight negative contributions to the AGEM Index.
The largest positive contribution to the monthly index was Konami Corp, whose 20.6 percent increase in stock price led to a 106.09-point gain for the index.
The group notes that the growth of the company’s stock price ‘was largely fueled by the recently released earnings report that showed revenue for first half of this fiscal year was up 22.1 percent from one year ago’.
Meanwhile, Agilysys saw its stock price increase by 19.2 percent, leading to a 19.97-point gain for the index.
The largest negative contribution to the index was Aristocrat Leisure, whose 9.6 percent decrease in stock price resulted in a 79.52-point loss to the AGEM Index.
In August, all three major US stock indices increased from the prior month for the third consecutive period. The NASDAQ rose by 4.7 percent month-on-month, while the S&P 500 increased 2.3 percent. Meanwhile, the Dow Jones Industrial Average rose by 2.5 percent from the prior month.
https://agbrief.com/news/world/06/11/2025/agem-index-increased-by-just-0-6-m-o-m-in-october/