March 23 Morning Report: GovCon Index Closes Friday with Gains

GovConIndexUPThe GovCon Index posted gains of 0.817 points (1.152%) Friday to close at 70.116, with majority of index companies reporting an increase in stock prices.

Reports that Greece could receive additional funding from the European Union saw the U.S. dollar weaken versus the Euro, according to Bloomberg.

The Dow Jones Industrial Average increased 168.36 points to 18, 127.39, the Standard & Poor’s 500 composite index gained 18.81 points to 2, 108.08 and the NASDAQ composite index rose 34.04 points to 5, 026.42.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Serco Inc.   2.60   0.16   6.56%
  Engility Holdings   34.37   1.51   4.60%
  ManTech International   34.54   1.41   4.26%
  AECOM Technology   31.09   0.88   2.91%
  ICF International   42.65   1.10   2.65%

Market Summary

  Advancing Issues    27 (90.00%)
  Declining Issues      3 (10.00%)
  Unchanged Issues      0

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

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