AGEM Index Increases 7.7 Percent in June


LAS VEGAS, NV – The AGEM Index increased by 94.57 points to 1,330.19 in June 2024, a 7.7 percent increase from the prior month. Compared to one year ago, the index climbed 26.6 percent to 279.43 points. During the latest month, nine of the 12 AGEM Index companies reported stock price increases, which resulted in nine positive contributions and three negative contributions to the AGEM Index.

The largest positive contributor to the monthly index was Aristocrat Leisure Limited (ASX: ALL), whose 10.8 percent increase in stock price led to a 55.08-point gain to the index. Meanwhile, Light & Wonder Inc. (NASDAQ: LNW) saw its stock price increase by 9.8 percent, leading to a 21.97-point gain for the index.

In June, all three major U.S. stock indices increased from the prior period. The NASDAQ grew by 5.9 percent over the month, while the S&P 500 rose by 3.5 percent. Additionally, the Dow Jones Industrial Average increased by 1.1 percent from the prior month.