The AGEM Index decreased by 1.51 points in February 2023 to 950.91, a 0.2 percent decrease from January. Year over year, the index was down 2.04 points, or the same 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 by Aristocrat Leisure Limited, whose 7.6 percent increase in stock price led to a 9.27-point gain to the Index. Additionally, Crane Co.’s stock price increased by
3.3 percent, leading to a 4.76-point gain to the Index.
The largest negative contribution to the index was sourced to Konami Corp. Its 5.7 percent decrease in stock price resulted in a 12.48-point loss for the AGEM Index.
All three major U.S. stock indices registered 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 and the NASDAQ dipped by 0.9 percent from January.
