LAS VEGAS, August 7, 2018 —The AGEM Index increased in July 2018. The composite index finished the month at 565.39 points, a gain of 19.02 points or 3.48 percent, compared to June 2018. The AGEM Index reported a year-over-year increase for the 34th consecutive month and has climbed 141.46 points, or 33.37 percent, since July 2017.
During the latest period, eight of the 13 global gaming equipment manufacturers reported month-to-month increases in stock price. Five manufacturers reported decreases in stock price during the month.
The major stock market indices also saw gains during the month. The S&P 500 reported a month-to-month increase of 3.60 percent to 2,816.29. The Dow Jones Industrial Average grew 4.71 percent to 25,415.19, while the NASDAQ increased 2.15 percent during the period to 7,671.79.
Positive contributors to the July 2018 AGEM Index included the following:
- Crane Co. (CR) contributed 9.88 points due to a 13.03 percent increase in stock price to $90.57.
- Aristocrat Leisure Limited (ASX: ALL) reported a 4.21 percent increase in stock price to AU$32.20, contributing 9.67 points.
- International Game Technology PLC (IGT) contributed 6.35 points due to an 8.78 percent increase in stock price to $25.28.
Selected negative contributors included the following:
- With its stock price falling 6.91 percent to ¥5,250, Konami Corp. (TYO: 9766) contributed negative 6.97 points.
Review the complete July 2018 AGEM Index. The Index is a valuable resource that gives a look at the financial state of the global gaming industry from the supplier side. More information about AGEM and its growing worldwide membership is available at http://agem.org.