November 25 Market Close: GovCon Index Sets 3rd Straight Record Close in Half-Day Session

GovConIndexUPExecutive Mosaic’s GovCon Index set a third straight record-high close Friday to a third consecutive weekly gain in a shortened U.S. stock trading session as financial markets closed at 1 p.m. Eastern time.

GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and all 11 of its S&P 500 stocks closed green with Huntington Ingalls Industries (NYSE: HII) the GCI’s top overall net performer and McKesson Corp. (NYSE: MCK) the best for co-listed stocks.

The S&P 500 composite index also closed at a record high for a third straight day.

HII’s gain exceeded $3.00 and second-best Rockwell Collins (NYSE: COL) added $2.00 with the GCI’s remaining top five net gainers above $1.00 alongside sixth-ranked Orbital ATK (NYSE: OA) and seventh-best L-3 Communications (NYSE: LLL).

The GovCon Index and S&P 500 have posted respective gains of 3.29 percent and 2.26 percent over two full weeks post-election as investors continue to key on defense and government contracting stocks and other sectors seen as slated to benefit from President-elect Donald Trump’s economic policies.

Nine GovCon Index stocks hit new 52-week highs during Friday trade: General Dynamics, L-3 Communications (NYSE: LLL), Textron (NYSE: TXT), Engility Holdings (NYSE: EGL), ICF (Nasdaq: ICFI), ManTech International (Nasdaq: MANT), Navistar International (NYSE: NAV) and Science Applications International Corp. (NYSE: SAIC).

Utilities led nine S&P 500 sectors higher with energy and financials the only decliners.

Market Summary

Index Value Net Change % Change
GovCon Index 89.518 +0.641 +0.721%
S&P 500  2, 213.35 +8.63 +0.39%
Dow Jones Industrial Average 19, 152.14 +68.96 +0.36%
NASDAQ 5, 398.92 +18.24 +0.34%
Advancing GovCon Index Issues 25
Declining GovCon Index Issues 5
Unchanged GovCon Index Issues 0

Top GovCon Index Net Gainers

Symbol Company $ Current Price Net Change ▴ % Change
HII Huntington Ingalls Industries 180.80 +3.08 +1.73%
COL Rockwell Collins 92.96 +2.06 +2.27%
MCK McKesson Corp. * 143.07 +1.80 +1.27%
GD General Dynamics * 172.08 +1.53 +0.90%
LMT Lockheed Martin * 265.92 +1.52 +0.57%

Top GovCon Index Percentage Gainers

Symbol Company $ Current Price Net Change % Change ▴
COL Rockwell Collins 92.96 +2.06 +2.27%
EGL Engility Holdings 37.67 +0.70 +1.89%
HII Huntington Ingalls Industries 180.80 +3.08 +1.73%
OA Orbital ATK 87.95 +1.40 +1.62%
MCK McKesson Corp. * 143.07 +1.80 +1.27%

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▾ % Change
CACI CACI International 128.50 -0.25 -0.19%
CAE CAE 14.49 -0.19 -1.29%
KBR KBR 16.94 -0.19 -1.11%
MMS Maximus 57.33 -0.13 -0.23%
GIB CGI Group 47.87 -0.01 -0.02%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▾
CAE CAE 14.49 -0.19 -1.29%
KBR KBR 16.94 -0.19 -1.11%
MMS Maximus 57.33 -0.13 -0.23%
CACI CACI International 128.50 -0.25 -0.19%
GIB CGI Group 47.87 -0.01 -0.02%

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