HomeNewsElsewhereAGEM Index down by 0.7% m-o-m in August

AGEM Index down by 0.7% m-o-m in August

The AGEM Index retracted slightly in July, falling by 0.7 percent from the prior month. Compared to one year ago, the index was up by 32.8 percent.

During the month, seven of the 10 AGEM Index companies reported stock price increases, which resulted in seven positive contributions and three negative contributions to the AGEM Index.

The largest positive contribution to the monthly index was Aristocrat Leisure Limited, whose 7.5 percent increase in stock price led to a 48.4-point gain for the index.

The largest negative contribution to the index was Konami Corp, whose 10.1 percent decrease in stock price resulted in a 67.58 point loss to the AGEM Index.

In August, two of the three major US stock indices increased. The NASDAQ rose by 2 percent month-on-month, while the S&P 500 increased 0.6 percent. Meanwhile, the Dow Jones Industrial Average fell by 2 percent from the prior month.

Kelsey Wilhelm
Kelsey Wilhelmhttps://agbrief.com
Kelsey Wilhelm is a print and broadcast journalist and editor. Based in Asia for over 20 years, he saw the birth of Macau's rampantly successful gaming industry, propelling him into the world of casinos. Now focusing on all markets throughout Asia, he embraces new technologies and trends, from sports betting to online gaming – always seeking the new frontier.

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