The Association of Gaming Equipment Manufacturers (AGEM) Index dropped for the first time in six months in October. Down 36.05 points, the Index dipped to 494.82, a 6.8 percent loss after September’s 10.1 percent gain.
Overall, most AGEM Index companies reported decreases in stock price during the month, with eight moving negatively and five trending positively. The stock price of Aristocrat Leisure Limited (ALL.AX) experienced a 4.5 percent decrease, contributing 15.96 points to the AGEM Index’s October decline. Additionally, the stock price for Konami Corp. (TYO.9766) dropped by 10.4 percent, accounting for a 9.80-point decrease in the AGEM Index.
The decline in the AGEM Index reflected a decrease in all the major stock indices, with the Dow Jones Industrial Average down by 3.5 percent, NASDAQ by 2.7 percent, and the S&P 500 by 1.9 percent.
