The AGEM Index increased by 87.57 points to an all-time high of 1,012.89 points in August 2021, a 9.5 percent gain from July 2021. In August, 10 out of the 12 AGEM Index companies reported increases in their stock prices. Compared to August 2020, the AGEM Index was up 109.9 percent, more than doubling the 530.38-point level year over year.
The AGEM Index’s August growth was due in large part to a 9.7 percent increase in the stock price of Aristocrat Leisure Limited, which rose from $41.64 to $45.67 and added 26.73 points to the Index. Other significant contributors were Konami Corp., which added 21.64 points due to a 14.7 percent rise in stock price, and Scientific Games Corporation, which contributed 21.45 points with a 17.2 percent stock-price increase.
The Index reflected the performance of the major stock indices in August. The Nasdaq and the S&P 500 experienced monthly gains of 4.5 percent and 3.2 percent, respectively, while the Dow Jones Industrial Average grew by 1.2 percent.
