The AGEM Index’s monthly growth was due in large part to an increase in the stock price of Konami Corp. (TYO:9766). The company’s stock price increased by 13.4 percent and contributed 18.22 points to the AGEM Index’s January gain. Additionally, the stock price for Ainsworth Game Technology (ASX:AGI) increased 66.7 percent, which led to an index contribution of 2.47 points.
Change for the major stock indices was mixed during the month. The Dow Jones Industrial Average and the S&P 500 declined by 2.0 percent and 1.1 percent, respectively, while the NASDAQ grew by 1.4 percent.