Supplier News

AGEM index up 40 per cent from last year

The AGEM Index grew by 65.18 points to 1,630.00 in January 2025, a 4.2 per cent gain from the prior month. Compared to one year ago, the index rose 39.5 per cent, or 461.90 points.

During the latest month, eight of the 12 AGEM Index companies reported stock price increases, which resulted in eight positive contributions and four negative contributions to the AGEM Index.
 
The largest positive contributor to the monthly index was Aristocrat Leisure, whose 10.5 per cent increase in stock price led to an 81.83-point gain to the index. Meanwhile, Crane NXT, Co. saw its stock price increase by 9.9 percent, leading to a 9.19-point increase for the index. The largest negative contribution to the index was sourced to Agilysys whose 31.5 per cent decrease in stock price resulted in a 20.22-point loss to the AGEM Index.
 
In January, all three major US stock indices increased from the prior period. The Dow Jones Industrial Average grew by 4.7 per cent over the month, while the S&P 500 grew by 2.7 per cent. Meanwhile, the NASDAQ increased by 1.6 percent from the prior month.