The AGEM Index increased by 13.55 points in July 2020 to 420.86 points, a 3.3 per cent gain from June 2020.
Six of the 13 AGEM Index companies reported stock price increases amid the ongoing global economic impacts due to the COVID-19 pandemic. The stock price for Aristocrat Leisure Limited (ASX: ALL) increased by 2.7 per cent, accounting for a 12.43-point improvement in the AGEM Index, while Scientific Games Corporation (SGMS) experienced a 13.7 percent stock price jump that led to an index contribution of 3.79 points.
All three major US stock indices increased as the Dow Jones Industrial Average grew by 2.4 per cent and the S&P 500 grew by 5.5 per cent. Meanwhile, the NASDAQ grew by 6.8 per cent compared to June 2020.