The AGEM Index, which includes 12 global gaming suppliers, is based on the month-end stock price of each company, adjusted for dividends and splits, and weighted by market capitalization.

The AGEM Index experienced a robust increase in July 2024, demonstrating strong performance among global gaming suppliers. The index rose by 93.30 points, reaching 1,423.49, a 7.0 percent jump from the previous month and a 30.1 percent increase compared to the same time last year. This growth marks the 16th consecutive month of positive year-over-year performance for the index.

The AGEM Index saw a significant rise in July 2024, increasing by 93.30 points to reach 1,423.49, marking a 7.0 percent increase from the previous month. Compared to the same time last year, the index surged by 30.1 percent, or 329.33 points.

In July, 10 out of the 12 AGEM Index companies reported stock price increases, resulting in 11 positive contributions and one negative contribution to the index. Aristocrat Leisure Limited (ASX: ALL) was the largest positive contributor, with its 9.0 percent increase in stock price adding 34.13 points to the index. International Game Technology PLC (NYSE: IGT) also made a significant impact, with a 14.7 percent rise in stock price contributing 16.59 points. PlayAGS Inc. (NYSE: AGS) was the sole negative contributor, with a 0.4 percent decrease in stock price leading to a 0.05-point loss.

As of July 2024, the AGEM Index has enjoyed 16 consecutive months of positive year-over-year growth, with only one month not showing double-digit growth. Over this period, the index grew by 46.5 percent, or 451.97 points. This streak marks the longest period of sustained growth since the 18 consecutive months from November 2020 to April 2022.

In contrast, two of the three major U.S. stock indices saw declines in July. The NASDAQ fell by 3.2 percent and the S&P 500 decreased by 0.6 percent. However, the Dow Jones Industrial Average rose by 2.7 percent from the previous month.