The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – grew by 1.2% or 11.39 points to 971.59 points in December.
The improvement represents a 41.4% or 284.47-point increase over December 2020.
According to the Association of Gaming Equipment Manufacturers (AGEM), which compiles the index, December’s tally saw seven of the 12 associated companies record stock price increases – led by IGT and Scientific Games.
IGT’s stock price grew 7.0% in December, resulting in a 7.98-point gain for the index, while Scientific Games contributed 5.65 points on a 4.6% gain in stock price.
The largest negative contributor to the index was Konami Corporation, whose 5.0% drop in stock price led to an 8.48-point decrease in the AGEM Index.
All three major US stock indices increased over the month, with the Dow Jones Industrial Average and the S&P 500 experiencing increases of 5.4% and 4.4% respectively. The NASDAQ experienced a 0.8% increase.
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