The Executive Mosaic GovCon Index closed down today 0.477 percent to 95.33. Advancing and declining shares were pretty much evenly split.
The major indices closed mixed on the day with the S&P500 and DJIA down and the NASDAQ up. The continued drop in oil prices pulled energy and industrial stocks down, as technology stocks moved up.
WTI crude oil closed down sharply again for the second consecutive day to $42.50 per barrel off 2.32 percent. The market demonstrated their concerns with the political stability in the middle east with the appointment of Mohammed bin Salman™s as crown prince Saudi Arabia. As Bloomberg quoted in their article œthat brings back the political risk premium to crude prices.
Market Summary
| INDEX | SETTLEMENT VALUE | DAY NET CHANGE | DAY % CHANGE | Y-T-D NET CHANGE | Y-T-D % CHANGE | |
| GovCon Index | 95.33 | -0.097 | -0.477% | +7.353 | +8.36% | |
| S&P 500 | 2,435.61 | -1.42 | -0.06% | +184.04 | +8.17% | |
| Dow Jones Industrial Average | 21,410.03 | -57.11 | -0.27% | +1,537.17 | +7.74% | |
| NASDAQ | 6,233.95 | +45.92 | +0.74% | +808.33 | +14.90% |
| Advancing GovCon Index Issues | 14 |
| Declining GovCon Index Issues | 16 |
| Unchanged GovCon Index Issues | 0 |
Top GovCon Index Daily Percentage Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| MCK* | McKesson Corp.* | 162.87 | +1.90 | +1.18% |
| CACI | CACI Int’l | 120.85 | +0.85 | +0.71% |
| LDOS | Leidos Holdings, Inc. | 53.75 | +0.37 | +0.69% |
| CAE | CAE | 16.73 | +0.10 | +0.60% |
| BAESY | BAE Systems | 34.825 | +0.175 | +0.505% |
Top GovCon Index Daily Net Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| MCK* | McKesson Corp.* | 162.87 | +1.90 | +1.18% |
| CACI | CACI Int’l | 120.85 | +0.85 | +0.71% |
| BA* | Boeing* | 199.17 | +0.84 | +0.42% |
| LDOS | Leidos Holdings, Inc. | 53.75 | +0.37 | +0.69% |
| HII | Huntington Ingalls Industries | 186.58 | +0.31 | +0.17% |
Top GovCon Index Daily Percentage Decliners
| Symbol | Company | $ Current Price | Net Change –¾ | % Change |
|---|---|---|---|---|
| NAV | Navistar Int’l | 25.22 | -1.02 | -3.89% |
| VEC | Vectrus | 30.05 | -0.97 | -3.13% |
| EGL | Engility Holdings, Inc. | 26.82 | -0.61 | -2.22% |
*Companies Included in S&P500 Index
