It increased for the first time since March

AGEM releases June 2012 Index

2012-07-11
Reading time 1:10 min
(US).- The AGEM Index reached a composite score of 125.05 by the mid-point of 2012. After declining in both April and May 2012, the index increased for the first time since March 2012. The 6.69-point increase (+5.7 percent) in June was attributable to positive stock price performances for 12 of the 17 global gaming operators.

Those gains were offset by the balance of suppliers posting downturns in their valuation month-to-month.

Of those that reported improvement from May, five witnessed double-digit growth rates. Compared to the same month of the prior year, the results were mixed as eight remained in a better position while nine have fallen behind on an annual basis.

The broader stock markets also reported increases during June 2012. The NASDAQ ended the month with a closing price of 2,935.05 (+3.8 percent) compared to the 2,827.34 reported at the close of May 2012. The Dow Jones Industrial Average reported a slightly higher increase in stock price, increasing 3.9 percent, from 12,393.45 to 12,880.09. Meanwhile, the S&P 500 reported the greatest increase during the month; the index ended June 2012 with a price of 1,362.16, up 4.0 percent when compared to the prior month.

Selected positive contributors to the AGEM index in June 2012 included:

IGT with a stock price of us$ 15.75, up 10.1 percent over last month, contributed +2.85 points to the index.

Lottomatica contributed 1.87 points to the index in June due to an 8.0-percent increase in stock price.

Konami also edged north and contributed 1.41 points to the index, as its stock price rose to us$ 22.58, up 7.2 percent.

Selected negative contributors included:

Shuffle Master reported a negative contribution of 0.59 points, with a 13.0-percent decline in stock price.

With a stock price of us$ 19.95 (-2.8 percent) WMS contributed negative 0.19 points to the index.

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