Home / Financial Report / April 18 Morning Report: GovCon Index Caps Positive Week Amid Energy Shares Decline

April 18 Morning Report: GovCon Index Caps Positive Week Amid Energy Shares Decline

GovConIndexUPThe GovCon Index closed Friday with a 0.386-point increase to 75.69, capping GCI’s third week in positive territory over the past four weeks.

Energy shares saw a decline of at least 1 percent ahead of a meeting between the world’s largest oil producers Sunday to discuss measures to address a potential surplus in the global oil supply, CNBC reports.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
I Intelsat 3.10 +0.31 +11.11%
MCK McKesson Corp.* 172.77 +4.18 +2.48%
MMS Maximus 51.13 +0.87 +1.73%
VEC Vectrus 22.26 +0.37 +1.69%
CAE CAE 11.54 +0.19 +1.67%

* Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues 23
Declining GovCon Index Issues 7
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 75.692 +0.386 +0.513%
S&P 500 2, 080.72 -2.06 -0.10%
Dow Jones Industrial Average 17, 897.39 -29.04 -0.16%
NASDAQ 4, 938.22 -7.67 -0.16%

Check Also

Federal IT Services Vet Debbie Granberry Appointed Business Dev’t VP at HighPoint

Debbie Granberry, former general manager of government health services at Advanced Concepts and Technologies International, has joined HighPoint Global as vice president of business development.

NASA Taps Boeing to Produce Deep-Space Exploration Rocket Stages; Jim Chilton Quoted

NASA has chosen Boeing (NYSE: BA) to manufacture up to 10 core stages and eight upper stages to power the  Space Launch System on the agency's third to 12th deep-exploration missions under the Artemis program.