November 27 Market Close: GovCon Index Inches Closer to 80-Point Barrier in Half-Day Session

GovConIndexUPThe GovCon Index recorded a nominal gain for the third consecutive trading day Friday at a rate of 0.180 points to 79.854 in an abbreviated session for U.S. markets after Thanksgiving.

Both the New York Stock Exchange and NASDAQ closed at 1 p.m. Friday.

The Index last closed at or above 80 points on Feb. 22.

Notable Index movers included BAE Systems (over-the-counter in the U.S.), which gained 1.73 percent Friday and is up 3.22 percent over the last two days after its selection for the next round of the Marine Corps‘ Amphibious Combat Vehicle program.

Energy and consumer sector shares declined but markets appear to be less volatile over the prospect of an interest rate hike in December, the Wall Street Journal reported.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
MANT ManTech International 33.24 +0.78 +2.40%
HNT Health Net 63.88 +1.19 +1.90%
BAESY BAE Systems 31.23 +0.53 +1.73%
ACM AECOM 31.71 +0.51 +1.63%
LMT Lockheed Martin 225.91 +1.76 +0.79%

Market Summary

Advancing Issues 18
Declining Issues 11
Unchanged Issues 1
Index Value Net Change % Change
GovCon Index 79.854 +0.180 +0.226%
S&P 500 2, 090.67 +1.80 +0.09%
Dow Jones Industrial Average 17, 798.49 -14.90 -0.08%
NASDAQ 5, 127.52 +11.38 +0.22%

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