HomeNewsUnited StatesAGEM Index fell by 1.5% m-o-m in November

AGEM Index fell by 1.5% m-o-m in November

The Association of Gaming Equipment Manufacturers (AGEM) Index marked November with a slight retraction, falling by 1.5 percent from the prior month, but remained 16 percent higher than a year earlier.

During the month, six of the 10 AGEM Index companies reported stock price decreases, which resulted in six negative contributions and two negative contributions to the AGEM Index.

AGEM Index fell by 1.5% m-o-m in November

The largest negative contribution to the monthly index was Aristocrat Leisure Limited, whose 7.9 percent fall in stock price led to a 57.13-point loss for the index.

Meanwhile, Konami Corp also saw its stock price fall by 7.4 percent, leading to a 54.52-point loss for the index.

The largest positive contribution to the index was Light & Wonder, whose 39.8 percent increase in stock price resulted in a 100.73-point gain for the AGEM Index.

In November, two of the three major US stock indices increased from the prior month. The NASDAQ fell by 1.5 percent month-on-month, however the S&P 500 increased 0.1 percent. Meanwhile, the Dow Jones Industrial Average rose by 0.3 percent from the prior month.

AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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