The GovCon Index made a gain for a third consecutive trading day as it rose 0.69 points — or 0.986 percent — to 69.272 on Thursday.
All but one company on the index saw their stock prices increase.
An agreement between Russia and Ukraine on a ceasefire and a 4.9-percent jump in crude oil futures to $51.21 per barrel helped drive gains in the U.S. stock market Thursday, according to CNBC.
The Dow Jones Industrial Average rose 110.24 points to 17, 972.38, the S&P 500 composite index gained 19.94 points to 2, 088.47 and the NASDAQ composite index jumped 56.43 points — or 1.18 percent — to 4, 857.61.
Top Percentage Gainers
|Company||Stock Price||$ Change||% Change|
|Booz Allen Hamilton||29.98||0.82||2.81%|
|BAE Systems Inc.||32.72||0.81||2.54%|
|Advancing Issues||29 (96.66%)|
|Declining Issues||1 (3.33%)|
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.
(Editors note: Orbital ATK and Huntington Ingalls joined the Index Feb. 10)