AGEM Index creeps up to round out 2021

The AGEM Index ended 2021 with an improvement of 11.39 points to 971.59 in December, marking a 1.2 per cent increase on November.

Compared to this time one year ago, the index increased by 284.47 points for an annual growth rate of 41.4 per cent.

In November, the Index had suffered its first decline since July 2021.

In the latest period, seven of the AGEM Index companies reported stock price increases. This ultimately led to eight companies posting positive contributions and four companies recording negative contributions to the overall index.

The top contributor to the monthly index was International Game Technology (IGT), whose seven per cent increase in stock price led to a 7.98-point gain for the index. Scientific Games was also a significant contributor to the overall growth in the index, adding 5.65 points as a result of its 4.6 per cent rise in stock price.

The largest negative contributor to the index was Konami, whose five per cent drop in stock price led to an 8.48-point decrease in the Index.

All three major U.S. stock indices increased over the month, with the Dow Jones Industrial Average and the S&P 500 experiencing increases of 5.4 per cent and 4.4 per cent, respectively. Meanwhile, the NASDAQ experienced a 0.8 per cent increase.

The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 12 global gaming suppliers throughout the world.

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