The AGEM Index decreased by 51.38 points to 1,055.70 in September 2023, a 4.6 percent decline from the prior month. Compared to one year ago, the index was up 315.92 points, or 42.7 percent.
During the latest month, 11 of the 12 AGEM Index companies reported stock price decreases, which resulted in 11 negative contributions and one positive contribution to the AGEM Index.
The largest negative contribution to the monthly index was sourced to Konami Corp., whose 6.7 percent decrease in stock price led to a 16.50-point loss for the index. Meanwhile, Light & Wonder Inc. saw its stock price fall by 7.0 percent, leading to a 11.50-point loss for the index. The lone positive contribution to the index was sourced to Ainsworth Game Technology, whose 5.2 percent increase in stock price resulted in an 0.24-point gain to the AGEM Index.
All three major U.S. stock indices declined in September 2023. The NASDAQ declined by 5.8 percent over the month, while the S&P 500 fell by 4.9 percent. Meanwhile, the Dow Jones Industrial Average decreased by 3.5 percent from the prior month.
