After posting strong quarterly earnings McKesson Corporation lead theGovCon Index. McKesson closed up $11.57 per share (8.18 percent) to $153.01. The Executive Mosaic GovCon Index ended Friday up 1.29 percent to 92.864.
The major markets showed significant gains reversing the mid week slump with the DJIA recapturing 53 percent of Wednesdays losses.
At market close WTI closed up strongly to break through to $50 mark to a monthly high of $50.35 up 2.01 percent. WTI was up $1.51 or 3 percent for the week. There is still strong speculation that OPEC will confirm extending cuts through March of next year at their meeting in Vienna next week.
Market Summary
| INDEX | SETTLEMENT VALUE | DAY NET CHANGE | DAY % CHANGE | Y-T-D NET CHANGE | Y-T-D % CHANGE | |
| GovCon Index | 92.864 | +1.495 | +1.293% | +4.887 | +5.55% | |
| S&P 500 | 2,381.73 | +16.01 | +0.68% | +130.10 | +5.78% | |
| Dow Jones Industrial Average | 20,804.84 | +141.82 | +0.69% | +931.31 | +4.69% | |
| NASDAQ | 6,083.70 | +28.57 | +0.47% | +658.08 | +12.13% |
| Advancing GovCon Index Issues | 28 |
| Declining GovCon Index Issues | 2 |
| Unchanged GovCon Index Issues | 0 |
Top GovCon Index Daily Percentage Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| MCK* | McKesson Corp * | 153.01 | +11.57 | +8.18% |
| HII | Huntington Ingalls | 195.49 | +5.15 | +2.71% |
| NAV | Navistar | 25.90 | +0.68 | +2.70% |
| LMT * | Lockheed Martin * | 272.79 | +5.47 | +2.05% |
| KBR | KBR | 14.75 | +0.28 | +1.94% |
Top GovCon Index Daily Net Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| MCK * | McKesson Corp * | 153.01 | +11.57 | +8.18% |
| LMT * | Lockheed Martin * | 272.79 | +5.47 | +2.05% |
| HII | Huntington Ingalls | 195.49 | +5.15 | +2.71% |
| BA * | Boeing * | 180.76 | +3.36 | +1.89% |
| GD * | General Dynamics * | 195.87 | +3.23 | +1.68% |
Top GovCon Index Daily Percentage Decliners
| Symbol | Company | $ Current Price | Net Change –¾ | % Change |
|---|---|---|---|---|
| VEC | Vectrus | 28.48 | -0.42 | -1.45% |
| SAIC | SAIC | 71.92 | -0.21 | -0.29% |
*Companies Included in S&P500 Index
