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.
During the latest month, seven of the 12 AGEM Index companies reported stock price increases, which resulted in seven positive contributions and five positive contributions to the AGEM Index.
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The largest positive contribution to the monthly index was sourced to Aristocrat Leisure Limited (ASX: ALL), whose 5.4 percent increase in stock price led to a 39.01-point gain for the index. Meanwhile, Light & Wonder Inc. (Nasdaq: LNW) saw its stock price increase by 20.9 percent, leading to a 38.09-point gain for the index. The largest negative contribution to the index was sourced to Konami Corp. (TYO: 9766), whose 5.7 percent decrease in stock price resulted in a 5.26-point loss to the AGEM Index.
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All three major U.S. stock indices increased in November 2023. The NASDAQ rose by 10.7 percent over the month, while the S&P 500 grew by 8.9 percent. Meanwhile, the Dow Jones Industrial Average increased by 8.8 percent from the prior month.