HomeNewsElsewhereAGEM Index falls 8.1% in June, with only Agilysys positive contributor

AGEM Index falls 8.1% in June, with only Agilysys positive contributor

The Association of Gaming Equipment Manufacturers (AGEM) Index dropped 8.1 percent in June from the prior month with only Agilysys making a positive contribution.

The index was also down 183.98 points from a year ago at 811.39, a drop of 18.5 percent. Ten of the 12 listed companies saw their stock price decline and all but one were a negative pull. 

Agilysys  added 4.05 points to the index as a result of a 15.7 percent increase in its stock price. The largest negative contributor to the index was Konami Corp, whose 14.7 percent decline in stock price resulted in a 31.61-point fall to the index. 

International Game Technology saw its stock price fall 13.4 percent, resulting in an 11.13-point loss to the index.

All three major U.S. stock indices saw both month-over-month and year-over-year losses in June 2022. The NASDAQ fell by 8.7 percent from May, while the S&P 500 fell by 8.4 percent. Meanwhile, the Dow Jones Industrial Average saw a 6.7 percent decline over the month.

Sharon Singleton
Sharon Singletonhttps://agbrief.com/about-asia-gaming-brief/
Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television.

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