LAS VEGAS, NV – The AGEM Index decreased by 1.51 points in February 2023 to 950.91, a 0.2 percent decrease from the prior month. Compared to one year ago, the index was down 2.04 points, or 0.2 percent. During the latest month, six of the 12 AGEM Index companies reported stock price increases, which resulted in five positive contributions to the AGEM Index and seven negative contributions.
The largest positive contribution to the monthly index was sourced to Aristocrat Leisure Limited (ASX: ALL), whose 7.6 percent increase in stock price led to a 9.27-point gain to the index. Additionally, Crane Co. (NYSE: CR) saw its stock price increase by 3.3 percent, leading to a 4.76-point gain to the index.
All three major U.S. stock indices saw month-over-month decreases in February 2023. The Dow Jones Industrial Average decreased by 4.2 percent from the prior month, while the S&P 500 fell by 2.5 percent. Meanwhile, the NASDAQ dipped by 0.9 percent from January.
