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December 5 Morning Report: GovCon Index Records 4th Weekly Gain on November Jobs Data, Likely Interest Hike


GovConIndexUPExecutive Mosaic’s GovCon Index closed Friday up 0.442 percent to 89.812 and ended the week with its fourth straight five-day advance on reports of nonfarm public and private sector payrolls in November above analyst expectations and a likely interest rate increase Dec. 14.

GCI gainers outnumbered decliners Friday by a 2-to-1 ratio, with General Dynamics (NYSE: GD) as the best net performer and Engility (NYSE: EGL) as the top percentage performer.

The Bureau of Labor Statistics reported that U.S. nonfarm payrolls added 178, 000 jobs in November compared to the economist forecast of 175, 000 and October’s 142, 000.

Reuters reported the latest jobs data has built on trader certainty that rates will climb after the Federal Reserve‘s meeting from Dec. 13 to 14.

Market Summary

Index Value Net Change % Change
GovCon Index 89.812 +0.395 +0.442%
S&P 500  2, 191.95 +0.87 +0.04%
Dow Jones Industrial Average 19, 170.93 -21.51 -0.11%
NASDAQ 5, 255.65 +4.55 +0.09%
Advancing GovCon Index Issues 19
Declining GovCon Index Issues 11
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change –´ % Change
GD General Dynamics* 178.67 +2.27 +1.29%
NOC Northrop Grumman* 250.87 +1.80 +0.72%
CACI CACI International 129.90 +1.65 +1.29%
HII Huntington Ingalls Industries 180.85 +1.56 +0.87%
EGL Engility Holdings 36.99 +1.29 +3.61%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change –´
EGL Engility Holdings 36.99 +1.29 +3.61%
BAH Booz Allen Hamilton 37.54 +0.69 +1.87%
MANT ManTech International 42.64 +0.74 +1.77%
GD General Dynamics* 178.67 +2.27 +1.29%
CACI CACI International 129.90 +1.65 +1.29%

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change –¾ % Change
HON Honeywell International* 112.45 -1.22 -1.07%
COL Rockwell Collins 95.17 -0.90 -0.94%
MMS Maximus 53.83 -0.42 -0.77%
TXT Textron* 47.49 -0.39 -0.81%
LLL L-3 Communications* 157.23 -0.26 -0.17%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change –¾
HON Honeywell International* 112.45 -1.22 -1.07%
KBR KBR 16.76 -0.18 -1.06%
COL Rockwell Collins 95.17 -0.90 -0.94%
TXT Textron* 47.49 -0.39 -0.81%
MMS Maximus 53.83 -0.42 -0.77%

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