The AGEM Index decreased by 5.54 points in January 2020 to 540.50 points, a 1.0 percent decline from December 2019. The drop was driven by stock price declines for 10 of the 13 AGEM Index companies. The overall decline in the monthly index was offset by strong gains for two companies. The stock price for Aristocrat Leisure Limited (ASX: ALL) climbed 7.5 percent, accounting for a 6.22-point contribution to the AGEM Index, while Agilysys (AGYS) experienced a 27.90 percent stock price gain that led to an index contribution of 3.49 points.
The major stock indices decreased as the Dow Jones Industrial Average and the S&P 500 experienced monthly declines of 1.0 percent and 0.2 percent, respectively. The NASDAQ also experienced a gain of 2.0 percent
Read the AGEM Index January 2020.