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AGEM Index up 9.2% in February as Konami, Light & Wonder show stock price improvement

Newsdesk by Newsdesk
Thu 6 Mar 2025 at 04:54
MGM China hits four year low as gaming stocks suffer massive coronavirus hit
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The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – grew by 9.2% or 150.62 points to 1,780.62 points in February, with Konami and Light & Wonder seeing the largest positive contributions.

The index was also 41.2% or 519.52 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 February was Konami, which saw its stock price grow by 27.8% month-on-month – resulting in an 130.07-point gain to the index.

Light & Wonder also booked a 26.9% stock price increase, leading to a 63.17-point increase for the index.

The largest negative contribution to the index was from Aristocrat, whose 4.6% decrease in stock price resulted in a 32.59-point loss to the AGEM Index.

All three major US stock indices decreased from the prior period, with the Dow Jones Industrial Average down by 1.6%, the S&P 500 by 1.4% and the NASDAQ by 4.9% 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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