The AGEM Index – a monthly stock performance guide comprising 10 global gaming suppliers – fell by 15.69 points to 1,815.99 in January, representing a 0.9% decrease from December. However, it was still 11.4% higher than a year earlier, up 185.99 points.
During the latest month, six of the 10 AGEM Index companies reported stock price decreases, which resulted in six negative contributions and four positive contributions to the index.
The largest negative contributor to the monthly index was Aristocrat Leisure Limited, whose 7.9% decrease in stock price led to a 53.41-point loss to the index. Agilysys also saw its stock price decrease by 27.0%, leading to a 20.53-point decrease for the index. The largest positive contributor to the index was Konami Corp, whose 5.3% increase in stock price resulted in a 40.64-point gain to the AGEM Index.
In January, all three of three major US stock indices increased from the prior month. The Dow Jones Industrial Average rose by 1.7% over the month, while the S&P 500 experienced a 1.4% gain and the NASDAQ a 0.9% gain from the prior month.
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