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December 5 Morning Report: GovCon Index Records 4th Weekly Gain on November Jobs Data, Likely Interest Hike


GovConIndexUPExecutive Mosaic’s GovCon Index closed Friday up 0.442 percent to 89.812 and ended the week with its fourth straight five-day advance on reports of nonfarm public and private sector payrolls in November above analyst expectations and a likely interest rate increase Dec. 14.

GCI gainers outnumbered decliners Friday by a 2-to-1 ratio, with General Dynamics (NYSE: GD) as the best net performer and Engility (NYSE: EGL) as the top percentage performer.

The Bureau of Labor Statistics reported that U.S. nonfarm payrolls added 178, 000 jobs in November compared to the economist forecast of 175, 000 and October’s 142, 000.

Reuters reported the latest jobs data has built on trader certainty that rates will climb after the Federal Reserve‘s meeting from Dec. 13 to 14.

Market Summary

IndexValueNet Change% Change
GovCon Index89.812+0.395+0.442%
S&P 500 2, 191.95+0.87+0.04%
Dow Jones Industrial Average19, 170.93-21.51-0.11%
NASDAQ5, 255.65+4.55+0.09%
Advancing GovCon Index Issues19
Declining GovCon Index Issues11
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
GDGeneral Dynamics*178.67+2.27+1.29%
NOCNorthrop Grumman*250.87+1.80+0.72%
CACICACI International129.90+1.65+1.29%
HIIHuntington Ingalls Industries180.85+1.56+0.87%
EGLEngility Holdings36.99+1.29+3.61%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▴
EGLEngility Holdings36.99+1.29+3.61%
BAHBooz Allen Hamilton37.54+0.69+1.87%
MANTManTech International42.64+0.74+1.77%
GDGeneral Dynamics*178.67+2.27+1.29%
CACICACI International129.90+1.65+1.29%

Lowest GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▾% Change
HONHoneywell International*112.45-1.22-1.07%
COLRockwell Collins95.17-0.90-0.94%
MMSMaximus53.83-0.42-0.77%
TXTTextron*47.49-0.39-0.81%
LLLL-3 Communications*157.23-0.26-0.17%

Lowest GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▾
HONHoneywell International*112.45-1.22-1.07%
KBRKBR16.76-0.18-1.06%
COLRockwell Collins95.17-0.90-0.94%
TXTTextron*47.49-0.39-0.81%
MMSMaximus53.83-0.42-0.77%

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