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Saudi Capital Goods Index falls 2.89% on Monday

Saudi Capital Goods Index falls 2.89% on Monday
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Riyadh – Mubasher: The Saudi Arabian equity market exhibited a fragmented performance during the session on 20 July 2026, characterized by a negative breadth across the 22 tracked sectors.

Only six sectors managed to secure gains, while 16 indices closed in negative territory. The Capital Goods (TCGI) sector emerged as the primary laggard, retreating -2.89% to finish at 14,280.59 points.

On the upside, Pharma & Biotech (TPBI) led the advancing indices with a gain of +0.94%, reaching 4,599.11 points.

This was followed by the Banks (TBNI) sector, which rose +0.89% to 12,613.74 points, providing a degree of support to the broader market given the sector's significant weighting.

Software & Services (TSSI) also performed well, adding +0.60% to close at 52,809.15 points, while Utilities (TUTI) and Real Estate Mgmt & Dev (TRMI) posted moderate gains of +0.58% and +0.56% respectively.

Food & Beverages (TFBI) rounded out the gainers with a marginal increase of +0.12% to 4,528.13 points.

Conversely, the downward pressure was widespread. Beyond the sharp decline in Capital Goods, the Media & Entertainment (TMDI) sector fell -2.37% to 9,275.01 points, and Household Products (THPI) dropped -2.15% to 4,078.04 points.

The Transportation (TTNI) index also saw a notable contraction, losing -2.13% to end at 4,074.55 points.

Heavyweight sectors showed divergent trends. While Banks trended upward, the Energy (TENI) sector declined -0.43% to 5,114.64 points, and Basic Materials (TMTI) fell -0.97% to 4,900.26 points.

The Retailing (TRLI) sector also experienced a significant pullback of -1.74%, closing at 7,403.27 points.

This sectoral distribution indicates a session where gains in the financial and pharmaceutical segments were insufficient to offset broader industrial and consumer-related weakness.