The GovCon Index fell 0.263 points to 79.557 with Boeing (NYSE: BA) and CSRA (NYSE: CSRA) as the only S&P 500-listed GCI stocks to post a gain.
Montreal-based aerospace and defense contractor CAE (NYSE: CAE) added 3.08Â percent after the company disclosed nearly $77 million in aircraft maintenance and training support subcontract awards from Lockheed Martin (NYSE: LMT) and an L-3 Communications (NYSE: LLL) subsidiary.
L-3 declined $3.48 — or 2.32Â percent — to end Thursday as the GCI’s biggest net lagger.
U.S. stocks reversed into negative with energy shares down 1.5 percent on declines in oil prices after the American Petroleum Institute reported a slower drawdown in the U.S.’ weekly crude inventory compared to the prior reading, according to CNBC.
Crude oil futures in New York settled down 4.83 percent to a two-month low of $45.14.
Gains in technology shares kept the NASDAQ composite index positive despite a brief dip in early afternoon trade.
Top GovCon Index Net Gainers
Symbol | Company | $ Current Price | Net Change ⴠ| % Change |
---|---|---|---|---|
MMS | Maximus | 56.26 | 0.86 | 1.55% |
CACI | CACI International | 89.94 | 0.56 | 0.63% |
OA | Orbital ATK | 83.56 | 0.54 | 0.65% |
CAE | CAE | 12.37 | 0.37 | 3.08% |
ACM | AECOM | 31.76 | 0.33 | 1.05% |
Top GovCon Index Percentage Gainers
Symbol | Company | $ Current Price | Net Change | % Change ⴠ|
---|---|---|---|---|
CAE | CAE | 12.37 | 0.37 | 3.08% |
MMS | Maximus | 56.26 | 0.86 | 1.55% |
EGL | Engility Holdings | 23.01 | 0.32 | 1.41% |
ACM | AECOM | 31.76 | 0.33 | 1.05% |
CUB | Cubic Corp. | 39.28 | 0.33 | 0.85% |
*Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues | 13 |
Declining GovCon Index Issues | 16 |
Unchanged GovCon Index Issues | 1 |
Index | Value | Net Change | % Change |
---|---|---|---|
GovCon Index | 79.557 | -0.263 | -0.329% |
S&P 500 | 2, 097.90 | -1.83 | -0.09% |
Dow Jones Industrial Average | 17, 895.88 | -22.74 | -0.13% |
NASDAQ | 4, 876.81 | +17.65 | +0.36% |