The AGEM Index jumped 10 per cent in September although the main American companies saw stocks tumble. <\/p>\n\n\n\n\n\n\n\n
Asia.- The AGEM Index rose 10.1 per cent month-on-month in September, and 6 points on the same month last year, mainly due to the performance of Asian manufacturers’ stocks. <\/p>\n\n\n\n
The Index is developed by the\u00a0Association of Gaming Equipment Manufacturers (AGEM<\/strong><\/em>) to show the evolution of members\u2019 stock on the main international markets.\u00a0\u00a0<\/p>\n\n\n\n September saw the index climb by 48.85 points, to 530.87, driven by the performance of five companies. <\/p>\n\n\n\n The Association said: “The stock price for Scientific Games Corporation increased by 68.7 per cent, accounting for a 37.05-point improvement in the AGEM Index, while Konami Corp. experienced a 11.1 percent stock price jump that led to an index contribution of 10.87 points.\u201d <\/p>\n\n\n\n Aristocrat grew 5.6 per cent in September and added 6.7 points to the Index. Taiwan\u2019s Astro Corp saw a 12.9 per cent monthly increase. <\/p>\n\n\n\n Meanwhile, Ainsworth Game Technology continued its downward trajectory and lost 13.2 per cent. <\/p>\n\n\n\n AGEM stressed that there was a downward trend across major US stock indices in September, which affected the Index’s results. <\/p>\n\n\n\n It said: \u201cAll three major US stock indices decreased as the NASDAQ dropped by 5.4 per cent, the S&P 500 fell by 3.9 per cent, and the Dow Jones Industrial Average declined by 2.1 per cent compared to August 2020.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The AGEM Index jumped 10 per cent in September although the main American companies saw stocks tumble. <\/p>\n","protected":false},"author":2,"featured_media":10666,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The AGEM Index recorded a 10.1% month-on-month increase in September, primarily driven by robust stock performance from Asian gaming equipment manufacturers. This growth occurred despite a general downward trend across major US stock indices, highlighting a divergence in market sentiment for B2B gaming suppliers.","focusai_entities":"Association of Gaming Equipment Manufacturers, AGEM, Scientific Games Corporation, Konami Corp., Aristocrat, Astro Corp, Ainsworth Game Technology, NASDAQ, S&P 500, Dow Jones Industrial Average","focusai_location":"Asia, Taiwan, US","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), investor_analyst (1.0), supplier_vendor (0.95), journalist_researcher (0.85)","focusai_suggestions":[{"label":"AGEM Index Drivers?","query":"What specific market factors contributed to the strong performance of Asian gaming equipment manufacturers, such as Scientific Games and Konami, enabling the AGEM Index to rise despite broader US market declines?"},{"label":"Supplier Valuation Impact?","query":"How might the divergent stock performance between Asian and American gaming equipment suppliers influence their respective market capitalizations, access to capital, and potential for future M&A activities?"}],"footnotes":""},"categories":[161,16331,163,158],"tags":[23731,22127],"class_list":["post-10663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news","category-elsewhere-news","category-finance-news","category-slider-home","tag-agem-index","tag-stocks"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=10663"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10663\/revisions"}],"predecessor-version":[{"id":777008200,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10663\/revisions\/777008200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10666"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=10663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=10663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=10663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}