In January 2022, the AGEM Index declined by 45.71 points to 925.87, marking a 4.7 percent decrease from December 2021.
Compared to one year ago, the index increased by 229.80 points for an annual growth rate of 33.0 percent. In the latest period, nine of the AGEM Index companies reported stock price decreases amid a broad market decline. As a result, three companies posted positive contributions to the index, while the other nine posted negative contributions.
The top contributor to the monthly index was Konami Corporation (TYO: 9766), whose 11.1 percent increase in stock price led to a 16.69-point gain for the index. The largest negative contributor to the index was Aristocrat Leisure Limited (ASX: ALL), whose 7.4 percent drop in overall stock price resulted in a 35.24-point decrease in the AGEM Index. A double-digit drop in the stock price for Scientific Games Corporation (Nasdaq: SGMS) was also a driving factor in the monthly drop in the index. The company reported a 13.7 percent decline in stock price, which led to a 15.63-point decline to the index.
All three major U.S. stock indices decreased over the latest period. The Dow Jones Industrial Average declined 3.3 percent, while the S&P 500 fell by 5.3 percent. Meanwhile, the NASDAQ experienced a 9.1 percent fall.