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  • Friday, November 22, 2024

March 17 Market Close: GovCon Index Ends Week Up, as Markets Show Modest Weekly Gains


Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open.

The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The NASDAQ showed no movement from the previous day’s close.

GovCon Index advancers outpaced decliners by 4 to 1 with Vectrus (NYSE: VEC) up 4.02 percent and Cubic Corp. (NYSE: CUB) up 3.39 percent, topping the positive shares for the second day in a row.

It was announced on Friday that Vectrus had won a seven year, $37 million contract with the U.S. Air Force. 

WTI moved slightly positive to close the week at $48.69 per barrel up $0.59 over the weeks open.

Market Summary

Index Value Net Change % Change
GovCon Index 93.104 +0.490 +0.524%
S&P 500 2,378.25 -3.13 -0.13%
Dow Jones Industrial Average 20,914.62 -19.93 +0.10%
NASDAQ 5,901.00 +0.24 +0.00%
Advancing GovCon Index Issues 24
Declining GovCon Index Issues 6
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change –´ % Change
NOC Northrop Grumman * 244.25 +3.97 +1.65%
LMT Lockheed Martin * 271.61 +3.67 +1.37%
HII Huntington Ingalls 213.72 +3.56 +1.69%
RTN Raytheon * 156.78 +3.12 +2.03%
CACI CACI Intern. Inc. 127.15 +2.90 +2.33%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change –´
CUB Cubic Corp. 55.25 +2.10 +3.95%
VEC Vectrus 23.75 +0.86 +3.76%
CACI CACI Intern. Inc. 127.15 +2.90 +2.33%
RTN Raytheon * 156.78 +3.12 +2.03%
EGL Engility Holdings 31.03 +0.61 +2.01%

GovCon Index Decliners

Symbol Company $ Current Price Net Change –¾ % Change
MCK McKesson Corp. * 147.93 -0.90 -0.60%
ACM AECOM 35.65 -0.43 -1.19%
MANT ManTech Intern. 36.14 -0.36 -0.99%

*Companies Included in S&P500 Index

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