AGEM Index Increases 12.91 Points in August

The AGEM Index increased by 12.91 points to 1,107.07 in August 2023, a 1.2 percent increase from the prior month. Compared to one year ago, the index was up 275.57 points, or 33.1 percent. During the latest month, seven of the 12 AGEM Index companies reported stock price increases, which resulted in seven positive contributions and five negative contributions to the AGEM Index.

The largest positive contribution to the monthly index was sourced to Light & Wonder (Nasdaq: LNW), whose 9.1 percent increase in stock price led to a 15.10-point gain to the index. Meanwhile, Konami (TYO: 9766) saw its stock price increase by 6.1 percent, leading to a 6.99-point gain for the index.

All three major U.S. stock indices declined in August 2023. The Dow Jones Industrial Average declined by 2.4 percent over the month, while the NASDAQ fell by 2.2 percent. Meanwhile, the S&P 500 decreased by 1.8 percent from the prior month.

Note: In April 2023, Crane NXT, Co. separated from Crane Company. The listed stock price prior to that date is a pro forma calculated estimate.