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AGEM Index increased by 5.5 percent m-o-m in August

The AGEM Index marked August with a high note, rising by 5.5 percent from the prior month. Compared to one year ago, the index was up by 35.7 percent.

AGEM Index

During the 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 contribution to the monthly index was Konami Corp, whose 15.2 percent increase in stock price led to a 53.47-point gain for the index.

Meanwhile, Aristocrat Leisure Limited saw its stock price increase by 0.9 percent, leading to a 29.16-point gain for the index.

The largest negative contribution to the index was Crane NXT, whose 6.6 percent decrease in stock price resulted in a 5.37-point loss to the AGEM Index.

In August, all three major US stock indices increased. The NASDAQ rose by 3.3 percent month-on-month, while the S&P 500 increased 4.1 percent. Meanwhile, the Dow Jones Industrial Average rose by 3.5 percent from the prior month.

AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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