October 22 Morning Report: GovCon Index Up at Market Close

GovConIndexGains all around reflected a GovCon Index close of 64.854 on Tuesday, up by 1.010 points or 1.533 percent from the previous day.

Strong quarterly earnings from technology companies, coupled with the European Central Bank looking to buy corporate bonds as an option, boosted the Standard & Poor’s 500 by 1.96 percent and helped the Nasdaq index achieve gains of more than 2 percent, Sam Forgione reported for Reuters.

Top Percentage Gainers

Company Stock Price % Change
AECOM Technology 31.55 3.78%
CSC 58.75 3.73%
Intelsat 17.77 3.43%
Healthnet 47.64 3.27%
Honeywell 92.92 3.24%

Market Summary

Advancing Issues 29 (96.67%)
Declining Issues 1 (3.34%)
Unchanged Issues 0

The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) Companies.

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