Hello, Guest!
  • Tuesday, April 16, 2024

November 13 Market Close: GovCon Index Extends Week of Gains


GovConIndexThe GovCon Index ended Thursday’s trading day at 68.992 — an increase of 0.626 percent from Wednesday and a close that represents the index’s fourth straight day of nominal gains.

Bloomberg cited corporate deals and a positive earnings report from Walmart as among the factors that offset downturns in energy stocks and small caps across the stock market.

The S&P 500 closed one point shy of an all-time record at 2, 039.29, an increase of 0.1 percent, while the Dow Jones Industrial Average ended the day at 17, 652.21, an increase of 0.2 percent.

The NASDAQ composite index rose 0.11 percent to 4, 680.14

Top Percentage Gainers

Company Stock Price $ Change % Change
Orbital $26.35 $0.79 3.09%
Healthnet $50.93 $1.48 2.99%
L-3 Communications Corp. $119.73 $3.11 2.67%
Boeing $128.53 $2.66 2.11%
CGI Group $35.59 $0.73 2.09%

Market Summary

Advancing Issues 18 (60.00%)
Declining Issues 12(40.00%)
Unchanged Issues 0 (6.67%)

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

Video of the Day

Related Articles

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024 Financial Reports

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024

Executive Mosaic’s GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major

GovCon Index, Major US Indexes Ended With Losses on Weak April Start Financial Reports

GovCon Index, Major US Indexes Ended With Losses on Weak April Start

Executive Mosaic’s GovCon Index rose 0.46% to $4,896.02 Friday as 22 of its constituents advanced. However, the index, which tracks the stock performances of 30 major government contractors, still ended 1.35% lower week-on-week due to the weak start in April. Wall Street’s major indexes closed the week with losses despite bouncing back from their slump.

GovCon Index Posted Weekly and Monthly Gains, Dow Jones & S&P 500 Marked Best 1st Quarters Financial Reports

GovCon Index Posted Weekly and Monthly Gains, Dow Jones & S&P 500 Marked Best 1st Quarters

Executive Mosaic’s GovCon Index closed 0.41% higher to $4,963.08 to end the shortened week and March in the positive zone. The index, which tracks the stock performances of 30 major government contractors, also outperformed Wall Street’s major stock indexes for the week with a 1.69% gain. Despite Thursday’s subdued session, the S&P 500 rose 0.11% to