An increase of 94.57 points

AGEM Index sees 7.7% increase in June with Aristocrat as the largest positive contributor

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The Association of Gaming Equipment Manufacturers (AGEM) has announced the latest results for its Index, encompassing the month of June, which show an increase of 94.57 points to 1,130.19 points, or by 7.7%, as compared to the prior month. Compared to one year ago, the index was up 279.43 points, or 26.6%.

The AGEM Index is a monthly stock performance guide comprising 12 global gaming suppliers. During June, nine of the 12 AGEM Index companies reported stock price increases, which resulted in nine positive contributions and three negative contributions to the AGEM Index.

The largest positive contribution was sourced to Aristocrat Leisure Limited, whose 10.8% increase in stock price led to a 55.08-point gain to the index. Meanwhile, Light & Wonder saw its stock price increase by 9.8%, leading to a 21.97-point gain for the index. The largest negative contribution to the index was sourced to Crane NXT, whose 2.9% decrease in stock price resulted in a 2.36-point loss for the index. 

All three major U.S. stock indices increased in June 2024. The NASDAQ rose by 5.9% over the month, while the S&P 500 grew by 3.5%. The Dow Jones Industrial Average increased by 1.1% from the prior month.

AGEM represents manufacturers of electronic gaming devices, systems, lotteries, and components for the gaming industry. The association began compiling data for the index in January 2005, using a base of 100 points. The stocks that constitute the AGEM Index are weighted by approximate market capitalization.

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