compared to the previous month<\/a>. However, when compared to the same period last year, the index was up 315.92 points or 42.7 per cent.<\/p>\n\n\n\nLast month, 11 out of the 12 AGEM Index companies saw a decrease in their stock prices. Konami Corp. saw a 6.7 per cent decrease while Light & Wonder saw its stock price drop by 7 per cent, contributing to an 11.50-point reduction in the index.<\/p>\n\n\n\n
Ainsworth Game Technology was the lone positive contribution to the index. The company experienced a 5.2 per cent increase in its stock price, contributing a gain of 0.24 points.<\/p>\n\n\n\n
September 2023 witnessed declines across all three major US stock indices. The NASDAQ saw 5.8 per cent decrease, while the S&P 500 and the Dow Jones Industrial Average fell by 4.9 per cent and 3.5 per cent, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"
All but one of the 12 AGEM Index companies saw stock price decreases.<\/p>\n","protected":false},"author":176,"featured_media":777001538,"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 experienced a 4.6% month-over-month decline in September, primarily driven by stock price decreases across 11 of its 12 constituent companies, including notable drops for Konami Corp. and Light & Wonder. Despite this monthly dip, the index demonstrated robust year-over-year growth of 42.7%. This performance aligns with broader US stock market declines observed during the same period.","focusai_entities":"AGEM Index, Konami Corp., Light & Wonder, Ainsworth Game Technology, NASDAQ, S&P 500, Dow Jones Industrial Average","focusai_location":"Asia, US","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), investor_analyst (1.0), supplier_vendor (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"YOY Growth Drivers","query":"What specific market dynamics, product innovations, or regional expansions contributed to the AGEM Index's substantial 42.7% year-over-year growth, contrasting with its recent monthly decline?"},{"label":"Supplier Performance Drivers","query":"What specific operational or market-specific challenges led to the stock price declines for Konami Corp. and Light & Wonder, and conversely, what strategic advantages or product cycles propelled Ainsworth Game Technology's positive performance?"}],"footnotes":""},"categories":[16331,163],"tags":[23731],"class_list":["post-777009945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elsewhere-news","category-finance-news","tag-agem-index"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009945","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777009945"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009945\/revisions"}],"predecessor-version":[{"id":777041191,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009945\/revisions\/777041191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777001538"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}