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March 31 Market Close: GovCon Index And Major Markets End a Strong First Quarter


In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on the energy sector and oil prices from the global oil glut the GovCon Index and major markets turned in strong first quarter results.

First Quarter 2017 Market Summary

IndexValueFirst QTR. Net ChangeFirst QTR. % Change
GovCon Index91.178+2.53+2.86%
S&P 5002,362.72+104.89+4.64%
Dow Jones Industrial Average20,663.22+781.46+3.93%
NASDAQ5,911.74+482.66+8.89%

The markets were thinly traded on the day showing modest movement as investors have turned their attention to the second quarter and developments on the global political and economic front.

WTI closed the first quarter down $1.66 per barrel or 3 percent with the markets reacting to the global oversupply of oil. WTI closed the day at $50.78 up $0.43 as the markets responded to the speculation that OPEC will remain with the limited production runs in hopes that will ease the global oil glut. 

 Today Market Summary

IndexValueNet Change% Change
GovCon Index91.178-0.566-0.617%
S&P 5002,362.72-5.34-0.23%
Dow Jones Industrial Average20,663.22-65.27-0.31%
NASDAQ5,911.74-2.61-0.04%
Advancing GovCon Index Issues9
Declining GovCon Index Issues21
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
EGLEngility Holdings28.94+0.83+2.95%
CUBCubic Corp.52.80+0.50+0.96%
VECVectrus22.35+0.45+2.05%
TXTTextron Inc. *47.59+0.27+0.57%
KBRKBR15.03+0.21+1.42%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▴
EGLEngility Holdings28.94+0.83+2.95%
VECVectrus22.35+0.45+2.05%
KBRKBR15.03+0.21+1.42%
CUBCubic Corp.52.80+0.50+0.96%
TXTTextron Inc. *47.59+0.27+0.57%

GovCon Index Decliners

SymbolCompany$ Current PriceNet Change ▾% Change
CSRACSRA *29.29-0.51-1.71%
BAESYBAE Systems32.46-0.53-1.61%
OAOrbital ATK Inc.98.00-1.31-1.32%

*Companies Included in S&P500 Index

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