monthly uptick of 26.84 points<\/a><\/em><\/strong>.<\/p>\n\n\n\nAnnouncing the results AGEM said, \u201csix of the 13 AGEM Index companies reported stock price increases amid ongoing uncertainty about the global economy and the effects of the Covid-19 pandemic.\u201d<\/p>\n\n\n\n
Taiwan\u2019s Astro Corp. saw monthly growth of 48.3 per cent and a year-on-year rise of 30.5 per cent in its stock.<\/p>\n\n\n\n
However, AGEM also noticed some Asian providers had seen falls in stock price. Aristocrat Leisure Limited has seen a 0.9 per cent fall since May and 17 per cent since June 2019 due to the Australian dollar strengthening against the U.S. dollar. Ainsworth Game Technology\u2019s fell by 3.3 per cent compared to May, and 34.3 per cent compared to June 2019.<\/p>\n\n\n\n
Tokyo\u2019s Konami also saw its stock prices drop, down 5.2 per cent since May, and 28.9 per cent since last year.<\/p>\n\n\n\n
AGEM said: \u201cAll three major U.S. stock indices increased as the Dow Jones Industrial Average grew by 1.8 per cent and the S&P 500 grew by 1.7 per cent. Additionally, the NASDAQ grew by 6.0 per cent on the month.”<\/p>\n\n\n\n
Macau News Agency reported that casino operator\u2019s stock has been experiencing growth since the enforcement of Hong Kong\u2019s national security law.<\/p>\n\n\n\n
In spite of recurring tensions between China and the US, as well as travel restrictions in place due to the pandemic, the Hang Seng Index rose by 20 per cent since then. Gaming operator\u2019s stocks prices were part of this growth and reached a peak on July 6 before slipping. <\/p>\n\n\n\n
On July 6 Sands China reached a price of HK $32.60 (US$4.2), MGM reached HK$10.34 (US$1.33); Wynn Macau US$14.70; SJM Holdings HK$9.24 (US$1.19); Galaxy Entertainment Group US$55.45 and Melco Resorts & Entertainment\u2019s US$17.34.<\/p>\n","protected":false},"excerpt":{"rendered":"
The AGEM Index increased by 4.53 points, to 407.41. Macau’s casino operators also saw an increase in their stock prices.<\/p>\n","protected":false},"author":2,"featured_media":7957,"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, tracking gaming equipment manufacturers, recorded a 1.1% increase in June, reaching 407.41, despite prevailing global economic uncertainties. Concurrently, Macau's casino operators experienced notable stock price appreciation, particularly following the enforcement of Hong Kong's national security law, contributing to a 20% rise in the Hang Seng Index.","focusai_entities":"AGEM, Association of Gaming Equipment Manufacturers, Astro Corp., Aristocrat Leisure Limited, Ainsworth Game Technology, Konami, Sands China, MGM, Wynn Macau, SJM Holdings, Galaxy Entertainment Group, Melco Resorts & Entertainment, Dow Jones Industrial Average, S&P 500, NASDAQ, Macau News Agency, Hang Seng Index","focusai_location":"Macau, Taiwan, Australia, Tokyo, Hong Kong, China, US","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.8)","focusai_suggestions":[{"label":"AGEM Index future outlook?","query":"Given the ongoing global economic uncertainty and pandemic effects, what is the projected trajectory for the AGEM Index and its constituent gaming equipment manufacturers in the next two fiscal quarters?"},{"label":"Macau operator valuation drivers?","query":"Beyond the Hong Kong national security law, what specific policy shifts or GGR recovery indicators are anticipated to further influence the valuation trajectory of Macau's integrated resort operators?"}],"footnotes":""},"categories":[16331,163],"tags":[556,22127],"class_list":["post-7955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elsewhere-news","category-finance-news","tag-agem","tag-stocks"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7955","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=7955"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7955\/revisions"}],"predecessor-version":[{"id":21149,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7955\/revisions\/21149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/7957"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=7955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=7955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=7955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}