AGEM Index Increases 7.7 Percent in November


LAS VEGAS, NV – The AGEM Index increased by 77.65 points to 1,089 in November 2023, a 7.7 percent increase from the prior month. Compared to one year ago, the index was up 183.05 points, or 20.2 percent. During the latest month, seven of the 12 AGEM Index companies reported stock price increases, which resulted in seven positive contributions to the AGEM Index.

The largest positive contribution to the monthly index was sourced to Aristocrat Leisure Limited (ASX: ALL), whose 5.4 percent increase in stock price led to a 39.01-point gain for the index. Meanwhile, Light & Wonder (Nasdaq: LNW) saw its stock price increase by 20.9 percent, leading to a 38.09-point gain for the index.

All three major U.S. stock indices increased in November 2023. The NASDAQ rose by 10.7 percent over the month, while the S&P 500 grew by 8.9 percent. Meanwhile, the Dow Jones Industrial Average increased by 8.8 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.