The AGEM Index increased by 29.82 points to 1,118.82 in December, a 2.7 percent increase over November. Compared to one year ago, the Index was up 279.72 points or 33.3 percent.
In December, 10 of the 12 AGEM Index companies reported stock-price increases, which resulted in 10 positive contributions and two negative contributions to the Index.
The largest positive contribution to the monthly index was from Aristocrat Leisure Limited, whose 0.6 percent increase in stock price led to a 16.09-point gain for the Index. Konami Corp.’s stock price rose 0.9 percent, leading to a 10.31-point gain.
The largest negative contribution was sourced to Light & Wonder Inc., whose 7.1 percent decrease in stock price resulted in a 12.71-point loss to the Index.
All three major U.S. stock indices increased in December 2023. The NASDAQ rose by 5.5 percent over the month, while the Dow Jones Industrial Average grew by 4.8 percent and the S&P 500 increased by 4.4 percent over November.
