The AGEM Index recorded a significant year-on-year increase in June, rising 43.1 percent compared to the same period last year.
The Association of Gaming Equipment Manufacturers index grew by 162.11 points from the previous month to reach 1,903.29, marking a 9.3 percent monthly gain. The year-on-year growth reflects a 573.10-point increase, underscoring strong performance across the gaming technology sector.
Of the 12 companies tracked by the AGEM Index, 10 reported monthly stock price increases in June, contributing positively to the index’s overall gain. Only two companies recorded negative movements.
Japanese gaming technology firm Konami Corp. was the largest positive contributor for the month. Its stock rose by 16.1 percent, resulting in an 88.88-point boost to the index.
Australian-listed Aristocrat Leisure Limited also supported the index’s performance, with a 4.4 percent increase in its stock price translating to a 44.83-point contribution.
Conversely, Transact Technologies was the weakest performer in June. Its 3.7 percent drop in share price led to a minor 0.03-point decline in the index.
The AGEM Index’s positive trajectory aligned with broader market trends in the United States, where all three major stock indices posted gains for the second consecutive month. The NASDAQ rose by 5.9 percent, the Dow Jones Industrial Average increased by 5.2 percent, and the S&P 500 advanced 4.9 percent from May levels.
