In March 2022, the AGEM Index improved by 2.45 points to 955.40, marking a 0.3 percent increase from the prior month. Compared to one year ago, the index added 191.27 points for an annual growth rate of 25.0 percent. During the latest reporting period, nine of the AGEM Index companies reported stock price declines, with three posting an increase. Those results translated to seven companies posting negative contributions to the index and five companies reporting positive contributions.
The top contributor to the monthly index was Konami Corp. (TYP: 9766), which reported a 22.39-point index gain as a result of a 19.6 percent increase in stock price. Crane Co. (NYSE: CR) reported an 8.74-point gain to the index due to a 7.1 percent increase in the company’s stock price.
In the latest reporting period, all three major U.S. stock indices trended upwards after two consecutive months of negative growth. The S&P 500 increased by 3.6 percent, while the NASDAQ rose by 3.4 percent. Meanwhile, the Dow Jones Industrial Average observed a 2.4 percent increase over the month.
