The AGEM Index increased in June 2019 by 22.34 points to 505.34 points, a 4.6 percent gain from May 2019. The AGEM Index’s May 2019 growth was driven by a 5.5 percent increase in the stock price of Aristocrat Leisure Limited (ASX: ALL), which rose from AU$29.12 to AU$30.72. The stock was responsible for 13.96 points of the AGEM Index’s monthly growth. Crane Co. (CR) experienced a 9.1 percent stock price gain from $76.46 to $83.44, which led to a contribution of 6.86 points. Overall, most AGEM Index companies reported increases in stock price during the month, with eight trending positively and five moving negatively.
Read the AGEM Index June 2019 here.