AGEM Index falls 4% in December but maintains strong year-on-year growth

Seven of the ten gaming suppliers in the index closed the month lower.

Asia.- The AGEM Index declined in December by 75.93 points to 1,831.68 – a 4 per cent decrease from November. The index closed 2-25 up 17.1 per cent higher year-on-year, 266.86 points ahead of December 2024.

Seven of the ten companies that make up the Association of Gaming Equipment Manufacturers (AGEM) Index saw share price declines during the month, resulting in seven negative and three positive contributions to the overall index value.

The largest negative contributor in December was Konami Corp., whose 10.5 per cent drop in share price reduced the index by 64.20 points. Crane NXT also weighed on performance, with its stock falling 16.4 per cent, translating into a 14.12-point decline.

On the positive side, Light & Wonder was the strongest performer. The company’s 3.0 per cent share price increase added 8.01 points.

In broader financial markets, two of the three major US stock indices slipped in December: the NASDAQ by 0.5 per cent and the S&P 500 by 0.1 per cent. The Dow Jones Industrial Average rose 0.7 per cent compared with the prior month.

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See also: AGEM Index slipped 2% in November

Seven of the ten gaming suppliers in the index closed the month lower. Asia.- The AGEM Index declined in December by 75.93 points to 1,831.68 – a 4 per cent…