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June 20 Morning Report: GovCon Index Drops Amid Market Reaction to Upcoming ‘Brexit’ Vote


GovConIndexDOWNThe GovCon Index closed Friday with a 0.435-point decline to 78.356 and posted a loss of 1.97 percent for the week to record a third consecutive trading day in the negative and break the Index’s four-week streak of gains.

GCI’s performance comes as the Federal Reserve indicated that the upcoming referendum vote on the U.K.’s potential exit from the European Union could cause market volatility in the U.S.

Top GovCon Index Net Gainers

SymbolCompany$ Current PriceNet Change ▴% Change
NAVNavistar International12.150.595.10%
HIIHuntington Ingalls Industries159.750.500.31%
BABoeing*129.820.450.35%
ACMAECOM32.180.391.23%
BAESYBAE Systems27.580.321.17%

Top GovCon Index Percentage Gainers

SymbolCompany$ Current PriceNet Change% Change ▴
IIntelsat2.660.145.56%
NAVNavistar International12.150.595.10%
EGLEngility Holdings22.030.271.24%
ACMAECOM32.180.391.23%
BAESYBAE Systems27.580.321.17%

*Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues11
Declining GovCon Index Issues19
Unchanged GovCon Index Issues0
IndexValueNet Change% Change
GovCon Index78.356-0.435-0.552%
S&P 5002, 071.23-6.76-0.33%
Dow Jones Industrial Average17, 675.16-57.94-0.33%
NASDAQ4, 800.34-44.58-0.21%

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