(Source: PRNewswire)
LAS VEGAS, Sept. 8 /PRNewswire/ -- With mixed stock performances for major gaming suppliers during the month of August, the AGEM Index increased 5.0 percent over the previous month, posting a value of 111.56, or an increase of 5.27 points. On a year-over-year basis, the AGEM Index is up 4.1 percent, recording its second consecutive monthly increase, the first time since March 2008. The gains and losses during August are primarily attributable to second quarter earnings reports. With nine of the seventeen companies lifting upward during the month, eight others lost ground in terms stock valuation. The top five contributors to the index included: (1) International Game Technology (IGT), leading the pack for the second month in a row, adding 1.88 points to the index based on a 5.92-percent increase in its stock valuation; (2) WMS Industries (WMS), posting 1.87 points to the index due to a significant 17.06-percent stock price increase; (3) Bally Technologies (BYI), contributing 1.32 points to the index driven by an 11.65-percent gain in its stock performance; (4) Lottomatica (LTO), which was up 5.66 percent adding 1.29 points; and (5) Aristocrat Technologies (ALL) rounded out the top five with a 3.12-percent price increase, contributing 0.53 points to the overall index.
Selected suppliers reporting negative contributions to the index included: (1) Global Cash Access (GCA), posting -0.52 points to the index based on a 19.44-percent decline in its stock valuation; (2) Astro Corp. (3064), reporting a 20.03-percent decrease in its stock valuation contributing -0.12 points to the index; and (3) Multimedia Games (MGAM), posting -0.07 points to the index due to a decrease of 10.68 percent in its stock valuation.
It is important to note that INTRALOT S.A. was added to the AGEM Index during the month of August. INTRALOT is a leading supplier of integrated gaming and transaction processing systems with a presence in 50 countries on five continents. Headquartered in Athens, Greece, their stock is publicly traded on the
Athens Stock Exchange. Exchange: Stock Price Percent Symbol at month end Change AGEM (Currency) Aug- Jul- Aug- Prior Prior Index 09 09 08 Period Year Contribution Ainsworth Game Technology ASX: AGI (AU$) 0.06 0.08 0.12 (31.25) (52.17) (0.02) Aristocrat Technologies ASX: ALL (AU$) 4.62 4.48 5.90 3.12 (21.69) 0.53 Astro Corp. Taiwan: 3064 (NT$) 58.30 72.90 73.00 (20.03) (20.14) (0.12) Bally NYSE: BYI Technologies (US$) 40.43 36.21 34.23 11.65 18.11 1.32 Elixir Gaming Technologies AMEX: EGT (US$) 0.22 0.17 0.42 27.06 (48.57) 0.03 GameTech Nasdaq: GMTC International (US$) 1.92 1.98 3.89 (3.03) (50.64) (0.00) Gaming Partners Nasdaq: GPIC International (US$) 6.00 7.07 5.29 (15.13) 13.42 (0.04) Global Cash Access NYSE: GCA (US$) 7.25 9.00 5.99 (19.44) 21.04 (0.52) IGT NYSE: IGT (US$) 20.92 19.75 21.43 5.92 (2.38) 1.88 INTRALOT S.A.
