AGEM index continues recovery

AGEM index continues recovery

The AGEM Index has seen stock prices climb 14.5 per cent since July.

Asia.- The AGEM Index, which measures the performance of gaming suppliers’ stocks, climbed 14.5 per cent in August to 482.02 points.

The growth consolidates the index’s recovery after it took a hit from the initial impact of the pandemic. In July the index had risen 3.3 per cent month-on-month.

August’s results showed stock prices performed 1.8 per cent better than in the same month in 2019.

The largest price increases were seen by Aristocrat Leisure Limited, 8.4 points above July’s price, and Konami, up 27.1 per cent in July.

The Association of Gaming Equipment Manufacturers’ (AGEM) provides an index of 13 gaming supplier companies based on the main stock exchanges around the world.

Scientific Games’s price increased 17.7 per cent in August.

Ainsworth Game Technology’s price was down 7.3 per cent month-on-month and 48 per cent year-on-year. Taiwan’s Astro Corp. also fell, down 39 per cent month-on-month.

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