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July 24th Morning Report: Friday Close – GovConIndex Ends Week Up, Markets Down


The Executive Mosaic GovCon Index (GCI) ended the week with two consecutive days of positive moves. The GCI closed on Friday at 98.338, up 0.149 percent, hitting a weekly high. The top five positions on the GCI were held by manufacturing companies.

All the major indices closed marginally down Friday with the S&P500 at 2,472.54, while DJIA closed at 21,580.07, and the NASDAQ Composite settled at 6,387.75. Markets were lead downward by energy stocks as they felt the impact of declining oil prices.

Crude oil ended the week down with negative closings for the past two days. WTI on the NY Mercantile Exchange posted a lose of 2.62 percent to $45.69 per barrel. Crude prices were negatively affected due to estimates indicating that OPEC’s supply for July will reach a yearly high, adding further pressure to global supply and oil prices.

Market Summary

INDEXSETTLEMENT VALUEDAY NET CHANGEDAY % CHANGE Y-T-D NET CHANGEY-T-D % CHANGE
GovCon Index 98.338 +0.146+0.149% +10.361+11.78%
S&P 5002,472.54 -0.91-0.04%+220.97+9.81%
Dow Jones Industrial Average21,580.07-31.71-0.15%+1707.21+8.59%
NASDAQ 6,387.75-2.25-0.04%+962.13+17.73%
Advancing GovCon Index Issues 12
Declining GovCon Index Issues 18
Unchanged GovCon Index Issues0

Top GovCon Index Daily Percentage Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 NAV Navistar Int’l29.41+0.40+1.38%
 HII Huntington Ingalls Industries201.35+2.16+1.08%
 GD* General Dynamics Corp.* 204.55+2.15+1.06%
 HON* Honeywell Int’l Inc.* 136.35+1.40+1.04%
 BA* Boeing* 212.14+1.86+0.88%

Top GovCon Index Daily Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 HII Huntington Ingalls Industries201.35+2.16+1.08%
 GD* General Dynamics Corp.* 204.55+2.15+1.06%
 BA* Boeing* 212.14+1.86+0.88%
 HON* Honeywell Int’l Inc.* 135.35+1.40+1.04%
 OA Orbital ATK, Inc.103.25+0.85+0.83%

Top GovCon Index Daily Percentage Decliners

SymbolCompany$ Current PriceNet Change ▾% Change
 ICFI ICF46.20-0.90-1.91%
 EGL Engility Holdings, Inc.29.11-0.33-1.12%
 SAIC SAIC69.96-0.71-1.00%

*Companies Included in S&P500 Index

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