The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – increased by 7.7% or 94.57 points to 1,330.19 points in June, with Aristocrat and Light & Wonder seeing the largest positive contributions.
The index was also 26.6% or 279.43 points higher compared with the same month in 2023, with nine of the 12 AGEM Index companies reporting month-on-month stock price increases.
The Association of Gaming Equipment Manufacturers (AGEM), which compiles the index, said the largest positive contributor to the index in June was Aristocrat, which saw a 10.8% increase in stock price – leading to a 55.08-point gain to the index.
Light & Wonder also saw its stock price rise by 9.8%, leading to a 21.97-point increase.
According to AGEM, the largest negative contribution to the index was from Crane NXT, whose 2.9% decrease in stock price resulted in a 2.36-point loss to the AGEM Index.
All three major US stock indices increased from the prior period, with the NASDAQ up by 5.9% over the month, the S&P 500 up by 3.5% and the Dow Jones Industrial Average by 1.1%.
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