Global sector intelligenceWeek ending 28 August 2026

Financial Services

For the week ending 28 August 2026, Financial Services advanced 0.84% with 2004 advancing, 1289 declining, and 283 unchanged constituents.

Sector positioning postureBuild exposure selectively

The evidence is constructive, but security selection and entry discipline still matter.

Sector evidence score70/100Selective
Index value1708.58
Weekly return0.84%
Measured equities3576
Global presence37 countries

156 completed weeks

Financial Services trend architecture

Price, Activity Lines, Trend Line and current Fair Value, with the recognized architecture behind each completed week.

ArchitectureUpward Expansion Index vs Trend4.5% 13-week persistence4.8% Advancing participation56%
Index Value Trend Line Fair Value Activity Lines Constructive Transition Defensive

Positioning and relative evidence

Is Financial Services earning a place in the portfolio?

Technical evidence determines the posture. Sentiment remains a separate confirmation layer.

Current posture

Build exposure selectively

The evidence is constructive, but security selection and entry discipline still matter.

Defensive70/100Position
Sentiment held separateQualified news coverage is too thin to alter the technical positioning view.
Five-pillar evidence

Quality of the positioning case

70
Trend
72
Breadth
53
Persistence
66
Relative
80
Risk quality
96
Parent-relative performance

Returns versus SM Global Market Index

Composite rank 2 of 12
1 week0.8%0.2 pts
4 weeks2.2%-2.0 pts
13 weeks4.8%5.0 pts
26 weeks4.6%6.0 pts
52 weeks9.3%3.9 pts
Relative leadership path

Financial Services versus SM Global Market Index

Improving
Evidence ledger

Confirmation and conflict

+The index remains above a constructive Trend gate.

+Constituent trends show positive multi-horizon persistence.

+Relative performance is improving within its parent hierarchy.

!Breadth remains too narrow or inconsistent for a high-conviction position.

!The index is extended well above current Fair Value, increasing chase risk.

Decision boundaries

What would change the posture?

1A completed weekly close below the Trend Line at 1,634.79 would weaken the constructive case.

2Breadth falling below 45% while the index holds up would signal narrowing leadership.

3A turn to negative 13 and 26-week parent-relative performance would remove the rotation edge.

Trend state and durability

Architecture, persistence and constituent regimes

The sector index path is tested against the securities beneath it.

Index architecture

Upward Expansion

11 weeks

The activity fan is positively ordered above a rising Trend Line with price accepted above it.

Trend gateUpFan width2.70%Accepted above fan100%Accepted below fan0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.

13-week
4.8%
26-week
4.6%
39-week
7.8%
52-week
9.3%
Regime age104 weeks52-week flips052-week boundary1563.01
Constituent trend persistence

How broadly durable is the move?

90% coverage
61%positive
Coherent positive41%
Coherent negative17%
Horizon agreement83%
Weakening positives354
Repairing negatives517

3229 constituents measured as of 28 Aug 2026.

Custom stage map

Where covered constituents sit in the cycle

89% coverage
42%Stage 2
Stage 1 Basing11%335
Stage 2 Advancing42%1338
Stage 3 Distribution14%451
Stage 4 Declining33%1050
Re-acceleration36Transition watch367Fair Value repairs206

Stage coverage is shown explicitly and is not substituted for full-universe persistence coverage.

Geographic diffusion

Where Financial Services strength is developing

Country returns, participation and Trend position show whether the global result is widely shared or locally concentrated.

Countries measured3737 represented in the full universe
Positive countries28 / 37Latest weekly return above zero
Above Trend Line81%30 country indexes
Return dispersion1.22 ptsCross-country opportunity and divergence
Latin America2.38%

2 countries · 153 equities · 4% of measured coverage

Participation81%Countries above Trend100%
Middle East and Africa1.81%

4 countries · 225 equities · 6% of measured coverage

Participation68%Countries above Trend50%
Europe1.10%

16 countries · 766 equities · 21% of measured coverage

Participation68%Countries above Trend100%
Asia Pacific1.06%

11 countries · 1227 equities · 34% of measured coverage

Participation60%Countries above Trend55%
Other markets0.84%

1 countries · 54 equities · 2% of measured coverage

Participation59%Countries above Trend100%
North America0.04%

3 countries · 1151 equities · 32% of measured coverage

Participation54%Countries above Trend100%
Country evidence map

Return, breadth and trend condition

Minimum 3 constituents
🇸🇦SA46 4.15% 91% up · above Trend 🇦🇷AR44 3.54% 84% up · above Trend 🇨🇳CN117 3.43% 83% up · above Trend 🇯🇵JP182 3.07% 82% up · above Trend 🇰🇷KR61 2.87% 82% up · below Trend 🇸🇪SE74 2.03% 66% up · above Trend 🇳🇱NL15 1.97% 87% up · above Trend 🇧🇷BR109 1.92% 71% up · above Trend 🇳🇿NZ10 1.91% 60% up · below Trend 🇿🇦ZA39 1.89% 56% up · above Trend 🇩🇪DE95 1.81% 68% up · above Trend 🇨🇭CH48 1.61% 65% up · above Trend 🇦🇹AT114 1.45% 82% up · above Trend 🇮🇱IL64 1.28% 63% up · below Trend 🇬🇧GB202 0.97% 53% up · above Trend 🇧🇪BE12 0.85% 67% up · above Trend 🇹🇼TW54 0.84% 56% up · above Trend 🇹🇷TR76 0.79% 55% up · below Trend 🇹🇭TH84 0.79% 44% up · above Trend 🇨🇦CA83 0.76% 61% up · above Trend 🇭🇰HK205 0.59% 48% up · below Trend 🇫🇮FI18 0.55% 44% up · above Trend 🇬🇷GR19 0.54% 68% up · above Trend 🇲🇽MX80 0.52% 40% up · above Trend 🇳🇴NO46 0.41% 48% up · above Trend 🇮🇳IN239 0.41% 45% up · above Trend 🇫🇷FR49 0.18% 41% up · above Trend 🇩🇰DK21 0.14% 52% up · above Trend 🇪🇸ES14 -0.03% 57% up · above Trend 🇺🇸US988 -0.06% 49% up · above Trend 🇮🇹IT32 -0.10% 47% up · above Trend 🇮🇩ID103 -0.14% 35% up · below Trend 🇸🇬SG29 -0.40% 45% up · above Trend 🇵🇹PT3 -0.46% 33% up · above Trend 🇲🇾MY37 -0.51% 38% up · below Trend 🇮🇪IE4 -0.58% 50% up · above Trend 🇦🇺AU160 -0.61% 43% up · above Trend
Country leadership

Strongest confirmed tapes

🇸🇦Saudi Arabia46 equities4.15%
🇦🇷Argentina44 equities3.54%
🇨🇳China117 equities3.43%
🇯🇵Japan182 equities3.07%
🇰🇷South Korea61 equities2.87%
🇸🇪Sweden74 equities2.03%
Country pressure

Weakest current tapes

🇦🇺Australia160 equities-0.61%
🇮🇪Ireland4 equities-0.58%
🇲🇾Malaysia37 equities-0.51%
🇵🇹Portugal3 equities-0.46%
🇸🇬Singapore29 equities-0.40%
🇮🇩Indonesia103 equities-0.14%

Industry rotation inside Financial Services

Leadership, acceleration and participation

Thirteen-week sector-relative strength sets the horizontal axis. Four-week relative acceleration sets the vertical axis.

Leading4 Lagging3 Above Trend14 / 15 Broad participation8 / 15 Return dispersion0.90 pts
Relative rotation map

Which industries are gaining or losing leadership?

Bubble size shows constituents
Composite industry ranking

Momentum with confirmation

1
Insurance - ReinsuranceLeading · 71% participation
1002
Banks - DiversifiedWeakening · 76% participation
1003
Insurance - Property & CasualtyLeading · 73% participation
1004
Financial Data & Stock ExchangesLeading · 74% participation
945
Insurance BrokersLeading · 52% participation
906
Insurance - DiversifiedWeakening · 76% participation
857
Banks - RegionalWeakening · 54% participation
708
Insurance - LifeWeakening · 68% participation
639
Insurance - SpecialtyWeakening · 68% participation
5110
Asset ManagementImproving · 54% participation
5011
Capital MarketsImproving · 59% participation
4712
Financial ConglomeratesImproving · 49% participation
4613
Credit ServicesLagging · 42% participation
4614
Shell CompaniesLagging · 48% participation
3015
Mortgage FinanceLagging · 41% participation
5

Market internals and risk

Participation, momentum and payoff shape

The headline index is tested against participation, volatility, drawdown and the distribution of security returns.

Advancing participation56.0%6.2 points versus recent baseline
13-week positive weeks62%Index-level hit rate
Annualised volatility7.8%52-week index return volatility
Current drawdown0.0%From the 52-week index high
156-week max drawdown-7.8%Peak-to-trough index decline
Breadth impulse

Net advancing participation

Range -100 to +100
Trend momentum

Trend Line rate of change

Positive or negative slope
Security return distribution

What the headline return conceals

3576 equities
Average loser-2.78%
Average winner+3.55%
Median equity0.30%The middle security, less sensitive to extreme movers
Interquartile range-0.84% to 2.51%The central half of the universe
Security dispersion6.63 ptsCross-sectional opportunity and stock-selection risk

News and price confirmation

Does company news confirm the Financial Services tape?

Open sentiment intelligence

Qualified sentiment coverage for this sector is still building.

Security leadership

The equities driving the result

Weekly leaders and laggards reveal whether the index move is broad, concentrated or vulnerable to reversal.

Latest week

Full global sector tape

Showing 1-30 of 3576, sorted by weekly return.

Ticker Company Market Open High Low Close Return
NCPL Netcapital Inc US · NASDAQ 0.239 1.04 0.2301 0.6916 189.61%
M5S H2 Core AG DE · GER 0.05 0.09 0.035 0.09 157.14%
BAC Africa Bitcoin Corporation Limited ZA · JNB 500.00 950.00 350.00 950.00 90.00%
MTI MTI Investment AB (publ) SE · STO 0.51 0.86 0.51 0.825 61.76%
462A FUNDINNO INC JP · JPX 239.00 425.00 239.00 373.00 57.38%
LIFE PT MSIG Life Insurance Indonesia Tbk ID · JKT 5,675.00 9,125.00 5,675.00 8,450.00 48.90%
0736 China Properties Investment Holdings Limited HK · HKG 0.143 0.42 0.143 0.20 40.85%
000712 Guangdong Golden Dragon Development Inc. CN · SHZ 8.90 11.80 8.74 11.80 37.53%
BTC The Brooker Group Public Company Limited TH · SET 0.24 0.35 0.22 0.33 37.50%
HALKB Türkiye Halk Bankasi A.S. TR · IST 35.30 46.10 34.38 46.10 34.80%
A3 A3 Mercados S.A. AR · BUE 2,215.00 3,055.00 2,215.00 2,975.00 34.31%
AVAT Avalanche Treasury Corporation Class A Common Stock US · NASDAQ 0.54 0.6749 0.493 0.6522 33.05%
0412 Shandong Hi-Speed Holdings Group Limited HK · HKG 0.53 0.80 0.485 0.71 32.71%
THRE Thai Reinsurance Public Company Limited TH · SET 0.44 0.64 0.43 0.58 31.82%
THREL Thaire Life Assurance Public Company Limited TH · SET 1.03 1.51 1.03 1.35 31.07%
HCRTO1 Hunter Capital RTO 1 AB (publ) SE · STO 0.898 0.908 0.558 0.906 29.06%
BNY The Bank of New York Mellon Corporation AR · BUE 102,050.00 130,675.00 102,050.00 130,150.00 27.54%
DFDV DeFi Development Corp. US · NASDAQ 4.16 5.60 3.98 4.98 26.40%
ALAUD Audacia SA FR · PAR 4.78 6.02 4.78 5.68 23.48%
600095 Xiangcai Co.,Ltd CN · SHH 7.78 10.14 7.72 9.55 22.91%
8311 Saudi Enaya Cooperative Insurance Company SA · SAU 9.62 12.28 9.62 11.79 22.68%
MLGEQ Gentlemen's Equity S.A. FR · PAR 0.246 0.298 0.246 0.298 21.14%
CYPH Cypherpunk Technologies Inc. US · NASDAQ 1.83 2.05 1.53 1.71 20.42%
BPH BPH Energy Limited AU · ASX 0.003 0.003 0.0025 0.003 20.00%
ALMONDZ Almondz Global Securities Limited IN · NSI 14.16 17.49 14.02 16.96 19.77%
ASST Strive Asset Management US · NASDAQ 18.76 24.38 18.55 21.74 19.32%
AFI Australian Foundation Investment Company Limited NZ · NZE 6.94 8.27 6.94 8.27 19.19%
GATECH GACM Technologies Limited IN · NSI 0.94 1.07 0.93 1.07 18.89%
BETR Better Home & Finance Holding Company US · NASDAQ 12.16 15.30 11.22 13.85 18.58%
TRHOL Tera Finansal Yatirimlar Holding A.S. TR · IST 2,565.00 3,095.00 2,417.00 3,035.00 18.55%

Evidence context