LAS VEGAS, NV – The AGEM Index increased by 78.77 points to 1,502.26 in August 2024, a 5.5 percent increase from the prior month. Compared to one year ago, the index rose 35.7 percent, or 395.19 points. During the latest month, seven of the 12 AGEM Index companies reported stock price increases, which resulted in seven positive contributions and five negative contributions to the AGEM Index.
The largest positive contributor to the monthly index was Konami Corp. (TYO: 9766), whose 15.2 percent increase in stock price led to a 53.47-point gain to the index. Meanwhile, Aristocrat Leisure Limited (ASX: ALL) saw its stock price increase by 0.9 percent, leading to a 29.16-point gain for the index.
In August, all three major U.S. stock indices increased from the prior period. The NASDAQ rose by 3.3 percent over the month, while the Dow Jones Industrial Average rose by 3.5 percent. Meanwhile, the S&P 500 increased by 4.1 percent from the prior month.
