The AGEM Index rose 9.8 percent month-on-month in July, driven by gains in Konami Corp. and Aristocrat Leisure.
The index, compiled by the Association of Gaming Equipment Manufacturers (AGEM), increased by 167.62 points to 1,874.77. Despite the monthly gain, it remained 0.8 percent, or 15 points, below its level a year earlier.
Five of the nine companies tracked by the index recorded share-price increases during July. Overall movements generated six positive contributions and three negative contributions.
Konami was the largest positive contributor. The Japanese company’s share price rose 16.8 percent during the month, adding 108.32 points to the index.
Aristocrat Leisure recorded the second-largest contribution after its share price increased 4.6 percent. The Australian gaming equipment supplier added 49.60 points.
Inspired Entertainment was the largest negative contributor. Its shares fell 16.6 percent, reducing the index by 0.91 points.
The AGEM Index outperformed the broader US equity market during the month. The Nasdaq Composite fell 3.2 percent, while the S&P 500 edged down 0.1 percent. The Dow Jones Industrial Average gained 0.3 percent.
