The GovCon Index started the week of Britain’s vote on whether to stay in the European Union on the front foot with a Monday gain of 1.192 percent to 79.289 as global investors took positions that the U.K. public will vote against the “Brexit.”
BAE Systems PLC‘s over-the-counter listing in the U.S. closed as the GCI’s top percentage gainer and closed at a one-month high as the British defense contractor’s shares on the London exchange also hit the 30-day benchmark.
Maximus (NYSE: MMS) received a boost from Brexit-driven trade as the Reston, Virginia-based government services company is the prime contractor on a five-year program to help the U.K. run a disability benefit application program.
CACI International (NYSE: CACI) ended Monday as the GCI’s top net gainer and runs a U.K. subsidiary named CACI Ltd. that offers government and commercial customers there marketing as well as social and network services.
Top GovCon Index Net Gainers
|Symbol||Company||$ Current Price||Net Change ▴||% Change|
Top GovCon Index Percentage Gainers
|Symbol||Company||$ Current Price||Net Change||% Change ▴|
*Also listed in the S&P 500 composite index
|Advancing GovCon Index Issues||29|
|Declining GovCon Index Issues||1|
|Unchanged GovCon Index Issues||0|
|Index||Value||Net Change||% Change|
|S&P 500||2, 083.25||+12.03||+0.58%|
|Dow Jones Industrial Average||17, 804.87||+129.71||+0.73%|