The AGEM index, a measure of the stock prices of a range of casino technology suppliers, edged up 17.1 percent year-on-year to 1,831.68 in December, according to a Thursday announcement.
Judged sequentially, the December AGEM Index declined 4.0 percent, or 75.93 points, said its publisher, the Association of Gaming Equipment Manufacturers (AGEM).
During December, there were only three positive contributors and seven negative contributors to the AGEM Index, said the association in Thursday’s update.
The largest positive contributor to the index was Australia-listed Light & Wonder Inc. Its 3.0 percent increase in stock price in December resulted in an 8.01-point positive for the AGEM Index.
The largest negative contributor to the index last month was Tokyo-listed Konami Group Corp, whose 10.5 percent month-on-month decrease in stock price resulted in a 64.20-point loss to the AGEM Index.
NYSE-listed maker of industrial-technology products Crane NXT Co saw its stock price decrease by 16.4 percent in December, leading to a 14.12-point decrease for the index.
In December, two of the three major U.S. stock indices decreased from the prior month. The Nasdaq fell 0.5 percent over the month, while the S&P 500 experienced a 0.1 percent decrease. The Dow Jones Industrial Average rose by 0.7 percent relative to November.
AGEM represents manufacturers of electronic gaming devices, systems, lotteries, and components for the gaming industry.
The association began compiling data for the index in January 2005 using a base of 100 points. The stocks that constitute the AGEM Index are weighted by approximate market capitalisation.
AGEM produces the monthly AGEM Index in association with Nevada-based advisory service firm Applied Analysis.
