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Aristocrat, Crane NXT lead AGEM Index to 4.2% increase in January

Newsdesk by Newsdesk
Fri 7 Feb 2025 at 04:32
IGT, Scientific Games help boost AGEM Index in December
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The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – grew by 4.2% or 65.18 points to 1,630.00 points in January, with Aristocrat and Crane NXT seeing the largest positive contributions.

The index was also 39.5% or 461.90 points higher compared with the same month in 2024, with nine of the 12 AGEM Index companies reporting year-on-year stock price decreases.

The Association of Gaming Equipment Manufacturers (AGEM), which compiles the index, said the largest positive contributor to the index in January was Aristocrat, which saw its stock price grow by 10.5% month-on-month – resulting in an 81.83-point gain to the index.

Crane NXT also booked a 9.9% stock price increase by 9.9 percent, leading to a 9.19-point increase for the index.

The largest negative contribution to the index was from Agilysys, whose 31.5% decrease in stock price resulted in a 20.22-point loss to the AGEM Index.

All three major US stock indices increased from the prior period, with the Dow Jones Industrial Average up by 4.7%, the S&P 500 by 2.7% and the NASDAQ by 1.6% from the prior month.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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