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April 18 Morning Report: GovCon Index Caps Positive Week Amid Energy Shares Decline

April 18 Morning Report: GovCon Index Caps Positive Week Amid Energy Shares Decline

    Author: Anna Forrester || Date Published: April 18, 2016


    GovConIndexUPThe GovCon Index closed Friday with a 0.386-point increase to 75.69, capping GCI’s third week in positive territory over the past four weeks.

    Energy shares saw a decline of at least 1 percent ahead of a meeting between the world’s largest oil producers Sunday to discuss measures to address a potential surplus in the global oil supply, CNBC reports.

    Top GovCon Index Gainers

    SymbolCompany$ Current PriceNet Change% Change
    IIntelsat3.10+0.31+11.11%
    MCKMcKesson Corp.*172.77+4.18+2.48%
    MMSMaximus51.13+0.87+1.73%
    VECVectrus22.26+0.37+1.69%
    CAECAE11.54+0.19+1.67%

    * Also listed in the S&P 500 composite index

    Market Summary

    Advancing GovCon Index Issues23
    Declining GovCon Index Issues7
    Unchanged GovCon Index Issues0
    IndexValueNet Change% Change
    GovCon Index75.692+0.386+0.513%
    S&P 5002, 080.72-2.06-0.10%
    Dow Jones Industrial Average17, 897.39-29.04-0.16%
    NASDAQ4, 938.22-7.67-0.16%

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