The AGEM Index increased by 12.91 points to 1,107.07 in August, a 1.2 percent increase from the priorSDuring the latest month, seven of the 12 AGEM Index companies reported stock-price increases, which resulted in seven positive contributions and five negative contributions to the Index.
The largest positive contribution to the monthly index was from Light & Wonder Inc., whose 9.1 percent increase in stock price led to a 15.10-point gain to the Index. Konami Corp.’s stock price increased by 6.1 percent, leading to a 6.99-point gain for the index.
The largest negative contribution to the Index was from International Game Technology, whose 5.4 percent decrease in stock price resulted in an 8.16-point loss.
All three major U.S. stock indices declined in August 2023. The Dow Jones Industrial Average dropped by 2.4 percent over the month, while the NASDAQ fell by 2.2 percent and the S&P 500 decreased by 1.8 percent month over 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.