The AGEM Index experienced a decline of 15.69 points in January 2026, concluding the month at 1,815.99. This 0.9% decrease was driven by stock price declines in six of the ten companies monitored by the index.

Notwithstanding the January decline, the index still showed an increase of 11.4% compared to the same time last year, representing an annual gain of 185.99 points.

Aristocrat Leisure Limited was the primary factor contributing to the index’s downward trend, with its share price falling by 7.9%, resulting in a loss of 53.41 points. Similarly, Agilysys had a significant negative impact, with a 27% drop in stock price leading to a 20.53-point reduction.

On a positive note, Konami Corp. made the largest positive impact on the index this month, with a 5.3% increase in stock value adding 40.64 points to the AGEM Index.

In the wider market, all three major U.S. stock indices saw gains in January. The Dow Jones Industrial Average climbed by 1.7%, the S&P 500 increased by 1.4%, and the NASDAQ posted a 0.9% gain for the month.

The AGEM Index, compiled by the Association of Gaming Equipment Manufacturers (AGEM), tracks the performance of ten publicly traded global gaming suppliers. The calculation of the index is based on the month-end stock prices (adjusted for dividends and stock splits) of each company, weighted according to an approximation of market capitalization.