AGEM Index Hits Record 2,108.59 Points After October Rally
Index rose 16.4% month-on-month with Konami the largest contributor and all nine tracked stocks up.
Key Takeaways
- The AGEM Index rose 16.4% in October, gaining 297.58 points to reach 2,108.59.
- Year-on-year the index improved by 8.9%, equivalent to 117.96 points.
- Konami Group Corp was the largest positive contributor, its stock up 23.3% and adding 150.45 points.
- All nine AGEM Index constituent companies recorded stock price increases in October.
- Aristocrat Leisure Ltd's 8.2% stock increase contributed 73.27 points to the index.
The AGEM Index rose 16.4 percent in October, jumping 297.58 points to finish at 2,108.59 points, the trade association said on Thursday. The month-on-month gain “marked the highest AGEM Index in tracked history,” the announcement said; year-on-year the index was up 8.9 percent or 117.96 points.
Performance drivers
All nine companies that constitute the AGEM Index posted stock price increases in October, producing nine positive contributions and no negatives. Japan-listed Konami Group Corp delivered the largest contribution: a 23.3‑percent rise in its share price produced a 150.45‑point lift to the index. The update attributed Konami’s move to “exceptionally strong earnings results” released at the end of October.
Australia-listed Aristocrat Leisure Ltd also advanced, with an 8.2‑percent stock rise that added 73.27 points to the index.
Context and methodology
AGEM compiles the monthly AGEM Index in association with Nevada-based advisory firm Applied Analysis. The association represents manufacturers of electronic gaming devices, systems, lottery products and components for the gaming industry. The index uses a base of 100 points from January 2005 and weights constituent stocks by approximate market capitalisation.
Two of the three major US benchmarks fell in October: the Nasdaq dropped 5.3 percent and the S&P 500 declined 0.9 percent, while the Dow Jones Industrial Average rose 1.7 percent. Read AGEM's update in our news section or AGEM methodology in b2b.
Frequently Asked Questions
What was the AGEM Index level at the end of October?
The AGEM Index closed October at 2,108.59 points after a 297.58‑point, 16.4% monthly rise, which AGEM described as the highest in tracked history.
Which company contributed most to the AGEM Index's October gain?
Konami Group Corp was the largest contributor: its stock rose 23.3% in October, adding 150.45 points to the index according to the AGEM update.
How does AGEM construct its index?
AGEM compiles the monthly AGEM Index in association with Nevada-based Applied Analysis, using a base of 100 points from January 2005 and weighting constituent stocks by approximate market capitalisation.
How did major US stock indices perform in October?
The Nasdaq fell 5.3% and the S&P 500 dropped 0.9% month‑on‑month, while the Dow Jones Industrial Average rose 1.7% in October.
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About the author
Oliver Grant
Industry Technology Correspondent
Oliver Grant covers the technology and business machinery of iGaming — platform and data deals, AI and compliance tooling, affiliate and marketing shifts, and the quarterly numbers behind them. The reports lead with the announcement, name the vendors and figures exactly as published, and separate genuine capability from press-release promise. When a supplier ships a new engine or a regulator tightens ad rules, Oliver Grant explains what actually changes for the companies involved.
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