The AGEM Index – a monthly stock performance guide comprising 10 global gaming suppliers – grew by 5.0% month-on-month or 93.66 points to 1,983.73 points in August, with Konami seeing the largest positive contribution. Konami had only last month been the largest negative contributor to the index.
The index was also 32.1% or 481.48 points higher compared with the same month in 2024, with seven of the 10 AGEM Index companies reporting year-on-year stock price increases.
The Association of Gaming Equipment Manufacturers (AGEM), which compiles the index, said the largest positive contributor to the index in August was Konami, which saw its stock price increase by 9.2% month-on-month – resulting in a 3.28-point gain to the index.
Aristocrat Leisure Limited also booked a 3.8% increase to its stock price, leading to a 41.12-point increase for the index.
The largest negative contributor for the month was Light & Wonder, which saw its stock price decrease by 4.0%, leading to an 8.60-point decline for the index.
AGEM had last month seen two companies fall off the AGEM Index with PlayAGS, Inc and IGT’s gaming business going private.
All three major US stock indices increased from the prior month in August. The Dow Jones Industrial Average rose by 4.5% over the month, while the NASDAQ experienced a 3.9% increase. Meanwhile, the S&P 500 rose by 3.6% from the prior period.
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