The AGEM Index increased by 77.65 points to 1,089.00 in November 2023, a 7.7 percent increase from the prior month. Compared to one year ago, the Index was up 183.05 points or 20.2 percent.
In November, seven of the 12 AGEM Index companies reported stock-price increases, which resulted in seven positive contributions and five positive contributions to the Index.
The largest positive contribution to the monthly index was sourced to Aristocrat Leisure Limited, whose 5.4 percent increase in stock price led to a 39.01-point gain for the index. Light & Wonder’s stock price increased 20.9 percent, leading to a 38.09-point gain for the Index.
The largest negative contribution to the index was from Konami Corp., whose 5.7 percent decrease in stock price resulted in a 5.26-point loss to the Index.
All three major U.S. stock indices increased in November 2023. The NASDAQ rose by 10.7 percent over the month, the S&P 500 grew by 8.9 percent, and the Dow Jones Industrial Average increased by 8.8 percent from the prior month.
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.
