AGEM Index Increases 2.7 Percent in December

AGEM Dec23

LAS VEGAS, NV – The AGEM Index increased by 29.82 points to 1,118.82 in December 2023, a 2.7 percent increase from the prior month. Compared to one year ago, the index was up 279.72 points, or 33.3 percent. During the latest month, 10 of the 12 AGEM Index companies reported stock price increases, which resulted in 10 positive contributions and two negative contributions to the AGEM Index.

The largest positive contribution to the monthly index was sourced to Aristocrat Leisure Limited (ASX: ALL), whose 0.6 percent increase in stock price led to a 16.09-point gain for the index. Meanwhile, Konami Corp. (TYO: 9766) saw its stock price increase by 0.9 percent, leading to a 10.31-point gain for the index.

All three major U.S. stock indices increased in December 2023. The NASDAQ rose by 5.5 percent over the month, while the Dow Jones Industrial Average grew by 4.8 percent. Meanwhile, the S&P 500 increased by 4.4 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.