The AGEM Index saw steady growth in February, rising by 9.2 percent from the prior month. Particularly, however, the Index saw healthy growth of 41.2 percent compared to February 2024.
During the month, eight of the 12 AGEM Index companies reported stock price increases, which resulted in eight positive contributions and four negative contributions to the AGEM Index.
The largest positive contribution to the monthly index was Konami Corp, whose 27.8 percent monthly rise in stock price caused a 130-point gain for the index. Only a yearly basis, the stock price was up by 81.5 percent.
Meanwhile, Light & Wonder saw its stock price increase by 26.8 percent month-on-month, leading to a 63.17-point gain for the index. On a yearly basis, the stock price was up 10.9 percent.
Transact booked a 11.4 percent stock decrease monthly, and a 41.6 percent yearly drop, however this caused just a 0.11-point loss for the index.
All three major US stock indices saw decreases from January. The NASDAQ fell by 4 percent over the month, while the Dow Jones Industrial Average dropped by 1.6 percent and the S&P 500 decreased by 1.4 percent from January.
