The AGEM Index increased by 94.57 points to 1,330.19 in June 2024, a 7.7 percent increase from the prior month. Compared to one year ago, the Index climbed 26.6 percent to 279.43 points.
In May, nine of the 12 AGEM Index companies reported stock-price increases, which resulted in nine positive contributions and three negative contributions.
The largest positive contributor to the monthly index was Aristocrat Leisure, whose 10.8 percent increase in stock price led to a 55.08-point gain to the Index. Light & Wonder’s stock price increased by 9.8 percent, leading to a 21.97-point gain.
The largest negative contributor to the index was Crane NXT, Co., whose 2.9 percent decrease in stock price resulted in a 2.36-point loss to the Index.
In June, all three major U.S. stock indices increased from the prior period. The NASDAQ grew by 5.9 percent over the month, the S&P 500 rose by 3.5 percent, and the Dow Jones Industrial Average increased by 1.1 percent.
