The GovCon IndexÂ lagged for a third consecutive trading session Thursday to end at a declineÂ of 0.412Â points to 74.640 on theÂ week’sÂ final day of trade as U.S. financial markets are closed on Good Friday.
Thursday’s close puts the Index at a decline of 1.207 percentÂ on a weekly basis to endÂ the GCI’s streak of fiveÂ consecutive weeks that ended in the positive.
Former Index stock Health Net has ceased trading on the New York Stock Exchange at $67.19 per share as its acquisition by fellow health insurer Centene (NYSE: CNC) has closed.
Executive Mosaic will replace Health Net with Montreal-based aerospace and defense company CAE (NYSE: CAE), which closed Thursday at $11.32 per shareÂ at a market capitalization of $3.1 billion.
Gains by technology and energy shares drove a late attempt in U.S. stocks to end in positive territory as financial stocks lagged on the overall market with the S&P 500 narrowly downÂ 0.77Â points at the close.
InvestorsÂ monitored the U.S. dollar and crude oil prices with the New York benchmark settled down 0.8 percent to $39.46 a barrel after the latest oil rig survey should a decline of 15 rigs, according to CNBC.
Top GovCon Index Gainers
|Symbol||Company||$ Current Price||Net Change||% Change|
|MCK||McKesson Corp. *||157.29||+2.26||+1.46%|
* Also listed in the S&P 500 composite index
|Advancing GovCon Index Issues||13|
|Declining GovCon Index Issues||16|
|Unchanged GovCon Index Issues||1|
|Index||Value||Net Change||% Change|
|S&P 500||2, 035.94||-0.77||-0.04%|
|Dow Jones Industrial Average||17, 515.73||+13.14||+0.08%|