The AGEM Index increased by 43.40 points in July 2023 to 1,094.16, up 4.1 percent over June. Compared to one year ago, the Index was up 230.33 points, or 26.7 percent.
In July, 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 sourced to Konami Corp., whose 6 percent increase in stock price led to a 13.06-point gain to the Index. Aristocrat Leisure Limited’s stock price rose by 1.6 percent, leading to a 9.67-point gain for the Index.
The largest negative contribution to the index was sourced to Inspired Entertainment, Inc., whose 14.4 percent decrease in stock price resulted in a 1.10-point loss for the Index.
The three major U.S. stock indices all experienced growth in July 2023. The NASDAQ increased by 4.0 percent month 0ver month, the Dow Jones Industrial Average by 3.4 percent, and he S&P 500 by 3.1 percent.
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.
