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  • Sunday, May 5, 2024

June 20 Morning Report: GovCon Index Drops Amid Market Reaction to Upcoming ‘Brexit’ Vote


GovConIndexDOWNThe GovCon Index closed Friday with a 0.435-point decline to 78.356 and posted a loss of 1.97 percent for the week to record a third consecutive trading day in the negative and break the Index’s four-week streak of gains.

GCI’s performance comes as the Federal Reserve indicated that the upcoming referendum vote on the U.K.’s potential exit from the European Union could cause market volatility in the U.S.

Top GovCon Index Net Gainers

Symbol Company $ Current Price Net Change ▴ % Change
NAV Navistar International 12.15 0.59 5.10%
HII Huntington Ingalls Industries 159.75 0.50 0.31%
BA Boeing* 129.82 0.45 0.35%
ACM AECOM 32.18 0.39 1.23%
BAESY BAE Systems 27.58 0.32 1.17%

Top GovCon Index Percentage Gainers

Symbol Company $ Current Price Net Change % Change ▴
I Intelsat 2.66 0.14 5.56%
NAV Navistar International 12.15 0.59 5.10%
EGL Engility Holdings 22.03 0.27 1.24%
ACM AECOM 32.18 0.39 1.23%
BAESY BAE Systems 27.58 0.32 1.17%

*Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues 11
Declining GovCon Index Issues 19
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 78.356 -0.435 -0.552%
S&P 500 2, 071.23 -6.76 -0.33%
Dow Jones Industrial Average 17, 675.16 -57.94 -0.33%
NASDAQ 4, 800.34 -44.58 -0.21%

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