Asian gaming provider stock climbed in July

The AGEM Index increased by 13.55 points in July to 420.86, up 3.3 per cent on June.

Asia.- Asian gaming providers’ stocks climbed in July, with the AGEM index rising by 13.55 points to 420.86, up 3.3 per cent on June.

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

The association stated: “Six of the 13 AGEM Index companies reported stock price increases amid the ongoing global economic impacts due to the COVID-19 pandemic”.

Those increases came from Agilysys, Aristocrat Leisure Limited, Everi Holdings, Inspired Entertainment, International Game Technology PLC and Scientific Games Corp.

The stock price for Aristocrat Leisure Limited increased by 2.7 per cent, or a 12.43-point improvement, while Scientific Games Corporation (SGMS) saw a 13.7 per cent jump that led to an index contribution of 3.79 points.

Both companies prices remain down on July 2019, by 14.6 and 14.1 points respectively.

Ainsworth Game Technology was able to sustain its stock price since June but remained down 41.8 per cent on July 2019. Taiwan’s Astro’s price only lost one point in relation to last year’s prices and 1.5 since June.

Konami’s stock fell 10.4 points monthly and 30.7 points year-on-year.