March 28 3:00 PM Market Report: GovCon Index and Markets Reverse Direction

March 28 3:00 PM Market Report: GovCon Index and Markets Reverse Direction


As of 3:00 PM (EST) the Executive Mosaic’s GovCon Index reversed its three day downward trend to post positive gain of 0.846 to 91.969.

The major indices were all up on the day with the S&P500 at 2,361.81 up 20.04 points, the DJIA reaching 20,719.45 up 172.67 points, and the NASDAQ up 44.57 points to 5,884.95. Consumer confidence reached a 16 year high in March and was reflected in stock activity.

GovCon Index advancers are outpacing decliners 29 to 1.

On the day WTI broke through the $48 barrier to $48.37 up 0.64 as Libya cut oil exports which helped address the concerns about an oil glut.

Market Summary

IndexValueNet Change% Change
GovCon Index91.969+0.846+0.928%
S&P 5002,361.81+20.04+0.85%
Dow Jones Industrial Average20,719.45+172.67+0.82%
NASDAQ5,884.95+44.57+0.75%
Advancing GovCon Index Issues29
Declining GovCon Index Issues1
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change –´% Change
GDGeneral Dynamics *189.26+3.76+2.03%
LMTLockheed Martin *270.58+3.42+1.28%
NOCNorthrop Grumman *237.88+2.05+0.87%
LLLL3 Technologies *167.22+1.95+1.18%
RTNRaytheon  *152.85+1.70+1.12%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change –´
ACMAECOM34.60+0.74+2.17%
TXTTextron Inc. *47.36+1.00+2.16%
GDGeneral Dynamics *189.26+3.76+2.03%
COLRockwell Collins98.88+1.61+1.66%
KBRKBR14.07+0.22+1.59%

GovCon Index Decliners

SymbolCompany$ Current PriceNet Change –¾% Change
EGLEngility Holdings26.68-0.66-2.40%

 

*Companies Included in S&P500 Index

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