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  • Friday, April 26, 2024

March 17 Market Close: GovCon Index Ends Week Up, as Markets Show Modest Weekly Gains


Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open.

The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The NASDAQ showed no movement from the previous day’s close.

GovCon Index advancers outpaced decliners by 4 to 1 with Vectrus (NYSE: VEC) up 4.02 percent and Cubic Corp. (NYSE: CUB) up 3.39 percent, topping the positive shares for the second day in a row.

It was announced on Friday that Vectrus had won a seven year, $37 million contract with the U.S. Air Force. 

WTI moved slightly positive to close the week at $48.69 per barrel up $0.59 over the weeks open.

Market Summary

IndexValueNet Change% Change
GovCon Index93.104+0.490+0.524%
S&P 5002,378.25-3.13-0.13%
Dow Jones Industrial Average20,914.62-19.93+0.10%
NASDAQ5,901.00+0.24+0.00%
Advancing GovCon Index Issues24
Declining GovCon Index Issues6
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
NOCNorthrop Grumman *244.25+3.97+1.65%
LMTLockheed Martin *271.61+3.67+1.37%
HIIHuntington Ingalls213.72+3.56+1.69%
RTNRaytheon *156.78+3.12+2.03%
CACICACI Intern. Inc.127.15+2.90+2.33%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▴
CUBCubic Corp.55.25+2.10+3.95%
VECVectrus23.75+0.86+3.76%
CACICACI Intern. Inc.127.15+2.90+2.33%
RTNRaytheon *156.78+3.12+2.03%
EGLEngility Holdings31.03+0.61+2.01%

GovCon Index Decliners

SymbolCompany$ Current PriceNet Change ▾% Change
MCKMcKesson Corp. *147.93-0.90-0.60%
ACMAECOM35.65-0.43-1.19%
MANTManTech Intern.36.14-0.36-0.99%

*Companies Included in S&P500 Index

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