September 8 Market Close: GovCon Index Closes Down Slightly, But Strong Performance From SAIC

GovConIndexDOWNExecutive Mosaic’s GovCon Index closed down slightly for the second straight day. GovCon stocks split evening with 1/2 advancing and 1/2 declining. The biggest gainer in the GovCon sector was SAIC closing at $69.95, up $3.95 or 6.01%.

SAIC released strong quarterly earning of $0.85 per share, beating the Wall Street expectations by $0.06.

Crude oil jumped significantly 4.05%, after data showed the biggest drawdown in U.S. crude inventories in 17 years.

 

Market Summary

Index Value Net Change % Change
GovCon Index 81.701 -0.027 -0.03%
S&P 500 2, 181.30 -4.86 -0.22%
Dow Jones Industrial Average 18, 479.91 -46.23 -0.07%
NASDAQ 5, 259.48 -24.44 -0.46%
Advancing GovCon Index Issues 15
Declining GovCon Index Issues 15
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
SAIC SAIC 69.65 +3.95 +6.01%
CACI CACI International Inc. 101.67 +0.56 +0.55%
VEC Vectrus 27.36 +0.31 +1.15%
ENL Engility Holdings Inc. 31.27 +0.27 +0.87%
BA Boeing * 132.90 +0.26 +0.20%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
SAIC SAIC 69.65 +3.95 +6.01%
I Intelsat 2.85 +0.06 +2.15%
VEC Vectrus 27.36 +0.31 +1.15%
EGL Engility Holdings Inc. 31.27 +0.27 +0.87%
CSRA CSRA 26.77 +0.15 +0.56%

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▾ % Change
GIB CGI Group 48.00 -1.94 -3.88%
MCK McKesson Corp.* 183.04 -1.92 -1.04%
GD General Dynamics Corp.* 152.40 -0.71 -0.46%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▾
GIB GGI Group 48.00 -1.94 -3.88%
MCK McKesson Corp.* 183.04 -1.92 -1.04%
ACM AECOM 30.14 -0.25 -0.82%

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