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April 11 Market Close: GovCon Index Hits Free Fall in Last Trading Hour, Closes at Loss

GovConIndexDOWNThe GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets.

The GCI opened up nearly a half-percent in the first 45 minutes with the S&P 500 composite index at a 0.4-percent gain then as investors initially reacted to positive movement in European markets before the late afternoon decline.

Material and financial stocks were the biggest S&P 500 gainers and offset by declines in biotechnology, telecommunications and healthcare shares.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
NAV Navistar International 12.02 +0.39 +3.35%
CSRA CSRA* 26.19 +0.51 +1.99%
ACM AECOM 29.77 +0.21 +0.71%
CAE CAE 11.35 +0.06 +0.53%
GIB CGI Group 47.99 +0.24 +0.50%

* Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues 14
Declining GovCon Index Issues 16
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 74.005 -0.222 -0.299%
S&P 500 2, 041.99 -5.61 -0.27%
Dow Jones Industrial Average 17, 556.41 -20.55 -0.12%
NASDAQ 4, 833.40 -17.29 -0.36%

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