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  • Saturday, April 20, 2024

October 19 Morning Report: GovCon Index Posts Nominal Decline


GovConIndexDOWNThe GovCon Index closed Friday at a nominal decline of 0.069 points to 73.244 for a weekly decline of 1.25 percent after two weeks of positive performance ahead of third quarter earnings season.

 

U.S. markets posted gains for the third consecutive week amid lower expectations of an interest rate increase, according to the Wall Street Journal.

Top GovCon Index Gainers

Company $ Current Price $ Change % Change
Serco Group 1.66 +0.10 +6.41%
Engility Holdings 28.90 +0.42 +1.47%
Maximus 66.52 +0.79 +1.20%
McKesson Corp. 195.21 +1.46 +0.75%
Cubic Corp. 43.25 +0.24 +0.56%

Market Summary

Advancing Issues 16
Declining Issues 13
Unchanged Issues 1

 

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