December 29 Morning Report: GovCon Index Up from Tuesday’s Close

GovConIndexUPThe GovCon Index ended a week of trading at 71.793 points on Friday, up 0.148 or 0.206 percent from Tuesday’s close.

Reuters reported that key market indicators closed a second straight week of gains, citing a positive economic outlook.

The Dow Jones industrial average gained 23.5 points, or 0.13 percent, to 18, 053.71, the Standard & Poor’s 500 rose 6.89 points (33%) to 2, 088.77 and the tech-heavy Nasdaq composite index went up 33.39 points (0.7%) to 4, 806.86.

Top Percentage Gainers

Company Stock Price $ Change % Change
Intelsat 17.51 0.68 4.04%
Orbital 27.41 0.52 1.93%
Maximus Inc. 55.49 0.55 1%
Cubic Corp. 53.91 0.50 0.94%
CGI Group Inc. 38.71 0.32 0.83%

Market Summary

Advancing Issues 19 (63.33%)
Declining Issues 11 (36.67%)
Unchanged Issues 0

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

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