Riyadh – Mubasher: The Saudi Capital Goods sector (TCGI) of the Saudi Exchange (Tadawul) exhibited a marginal decline during the trading session on 19 July 2026.
The sector index closed at 14,704.97 points, representing a move of -0.04%.
Market breadth across the sector was predominantly negative, as 11 constituents declined and 1 remained unchanged, while only six companies managed to post gains out of the 18 covered in the session.
Middle East Specialized Cables Company was the standout performer of the day, leading the advancers with a 3.26% increase to close at SAR 33.56.
This upward momentum was also observed in Riyadh Cables Group Company, which rose 1.44% to SAR 112.50, and Alwasail Industrial Company, which edged up 0.99% to SAR 3.05.
Other positive contributors included Saudi Cable Company and Astra Industrial Group, which saw their share prices appreciate by 0.97% and 0.47%, respectively, reaching SAR 156 and SAR 128.
Conversely, Gas Arabian Services Company faced the sharpest correction in the sector, falling 2.21% to close at SAR 16.40.
Saudi Industrial Export Company (Saudi Sadirat) also saw a notable decline of 2.13%, ending the session at SAR 2.30.
Further downward pressure came from Raoom Trading Company, which dropped 1.73% to SAR 74, while Bawan Company and Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) retreated by 1.35% and 1.28%, respectively.
Trading Value of TCGI
Liquidity was concentrated in a few key names, with Electrical Industries Company (EIC) leading in trade value at SAR 32.20 million.
MESC followed EIC with a turnover of SAR 20.25 million, reflecting high investor interest alongside its price appreciation.
Al Babtain Power and Telecommunication Company recorded SAR 11.39 million in value, while Riyadh Cables Group Company and Obeikan Glass Company saw trades totaling SAR 10.05 million and SAR 8.64 million, respectively.
The overall sector performance suggests a period of consolidation, as the slight index dip occurred despite strong buying interest in the cable manufacturing sub-segment.
