The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week.
While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel.
Four of the five largest U.S. government contractors will report first-quarter earnings in the last week of April, with Lockheed Martin (NYSE: LMT) scheduled for April 26 followed by Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) on April 27 and Raytheon (NYSE: RTN) on April 28.
Top GovCon Index Gainers
|Symbol||Company||$ Current Price||Net Change||% Change|
* Also listed in the S&P 500 composite index
|Advancing GovCon Index Issues||21|
|Declining GovCon Index Issues||9|
|Unchanged GovCon Index Issues||0|
|Index||Value||Net Change||% Change|
|S&P 500||2, 047.60||+5.69||+0.28%|
|Dow Jones Industrial Average||17, 576.96||+35.00||+0.20%|