Selected Market Indicators
October 2024
The AGEM Index decreased by 34.39 points to 1,518.20 in October 2024, a 2.2 percent decrease from the prior month. Compared to one year ago, the index rose 50.1 percent, or 505.85 points. During the latest month, seven of the 12 AGEM Index companies reported stock price decreases, which resulted in seven negative contributions and five positive contributions to the AGEM Index.
The largest negative contributor to the monthly index was Konami Corp. (TYO: 9766), whose 3.1 percent decrease in stock price led to a 29.86-point loss to the index. Meanwhile, Agilysys (NASDAQ: AGYS) saw its stock price decrease by 8.2 percent, leading to a 6.10-point loss for the index. The largest positive contribution to the index was sourced to Light & Wonder Inc. (NASDAQ: LNW), whose 3.4 percent increase in stock price resulted in a 7.45-point gain to the AGEM Index.
In October, two of the three major U.S. stock indices increased from the prior period. The NASDAQ rose by 2.3 percent over the month, while the S&P 500 rose by 0.9 percent. At the same time, the Dow Jones Industrial Average decreased by 0.2 percent from the prior month.
READ THE FULL ARTICLE BY APPLIED ANALYSIS IN THE 2024 WINTER EDITION OF GAMING & LEISURE MAGAZINE.