April 10 Morning Report: GovCon Index Closes Friday and the Week in the Positive

The Executive Mosaic GovCon Index ended Friday up 0.578 percent to 90.822 for the day and closed at a weekly high. Both defense contractors and crude oil futures fared well after the U.S. action against Syria.

On Friday GovCon Index advancing companies outpaced decliners 4 to 1.

Major market indices reacted minimally to Friday’s release of the March jobs report. The report delivered mixed news with 98,000 jobs added in the month of March, well below expectations. Contrary however the jobless rate fell from 4.7 to 4.5 percent with 472,000 more Americans finding jobs during the month.

WTI rose on Friday for the second consecutive day to close at $52.24 up $0.54 per barrel. Oil closed up for the week $1.96 or 3.9 percent.

 Today Market Summary

Index Value Net Change % Change
GovCon Index 90.822 +0.522 +0.578
S&P 500 2,355.54 -1.91 -0.08%
Dow Jones Industrial Average 20,656.17 -6.78 -0.03%
NASDAQ 5,877.81 -1.14 -0.02%
Advancing GovCon Index Issues 23
Declining GovCon Index Issues 6
Unchanged GovCon Index Issues 1

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
HII Huntington Ingalls 203.80 +3.36 +1.68%
LMT Lockheed Martin * 270.23 +3.12 +1.17%
LLL L3 Technologies * 165.80 +2.90 +1.78%
OA Orbital ATK 98.59 +2.34 +2.43%
RTN Raytheon * 152.96 +2.21 +1.47%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
OA Orbital ATK 98.59 +2.34 +2.43%
LLL L3 Technologies * 165.80 +2.90 +1.78%
HII Huntington Ingalls 203.80 +3.36 +1.68%
BAESY BAE Systems 32.21 +0.48 +1.51%
RTN Raytheon * 152.96 +2.21 +1.47%

GovCon Index Decliners

Symbol Company $ Current Price Net Change ▾ % Change
MMS Maximus Inc. 57.42 -4.23 -6.86%
ACM AECOM 33.02 -2.37 -6.70%
COL Rockwell Collins 98.90 -0.97 -0.97%

*Companies Included in S&P500 Index

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