The AGEM Index increased by 50.33 points to 1,552.59 in September 2024, a 3.4 percent increase from the prior month. Compared to one year ago, the Index rose 47.1 percent, or 496.89 points. During the latest month, six of the 12 AGEM Index companies reported stock price increases, which resulted in six positive contributions and six negative contributions.
The largest positive contributor to the monthly index was Aristocrat Leisure, whose 7.1 percent increase in stock price led to a 53.66-point gain in the Index. Konami Corp.’s stock price increased by 10.7 percent, leading to a 43.16-point gain.
The largest negative contribution to the Index was by Light & Wonder, whose 17.4 percent decrease in stock price resulted in a 35.17-point loss.
In September, all three major U.S. stock indices increased from the prior period. The Dow Jones Industrial Average rose by 1.5 percent over the month, the NASDAQ rose by 0.9 percent, and the S&P 500 increased by 0.9 percent from the prior month.