The AGEM Index rose by 54.38 points to 1,578.22 in May, a 3.6 percent increase from the prior month. Compared to one year ago, the Index declined by 9.4 percent, or 162.96 points. During the latest month, seven of the nine AGEM Index companies reported stock price increases, which resulted in six positive contributions and three negative contributions to the index.
The largest positive contributor was Aristocrat Leisure Limited, whose 6.0 percent increase in stock price led to a 37.65-point gain. Agilysys’s stock price increased by 35.1 percent, leading to a 26.28-point increase.
The largest negative contributor was Konami Corp., whose 0.2 percent increase in stock price, coupled with a weakened Japanese yen exchange rate, resulted in a 6.56-point loss.
In May, all the three major U.S. stock indices increased from the prior month. The NASDAQ rose by 8.4 percent over the month, while the S&P 500 experienced a 5.1 percent gain. Meanwhile, the Dow Jones Industrial Average improved by 2.8 percent from the prior month
