Weekly global equities Week ending 2 October 2026

Engineering & Construction

For the week ending 02 October 2026, Engineering & Construction declined 1.18% with 343 advancing, 650 declining, and 86 unchanged constituents.

Index level: 1,718.14
Weekly return: -1.18%
Measured equities: 1,079
Rank within sector: 11 of 25

Explore Industrials →

156 completed weeks

Engineering & Construction price and trend

Explore the index, how widely companies share the move, the trend’s momentum and declines from previous highs.

Trend structureUnresolved Index vs Trend-1.3% 13-week persistence-1.6% Advancing participation32%

Index Value Trend Line Fair Value Activity Lines Constructive Transition Defensive

Weekly index closes and the Trend Line. Dashed grey shows the latest Fair Value reference; it is not a historical forecast. Enable the other overlays for more detail.

Performance in context

Engineering & Construction in context

Price and participation determine the view. Sentiment remains a separate confirmation layer.

Current view

Reduce exposure into strength

Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.

46/100Defensive46/100Position

Sentiment held separateQualified news coverage is too thin to alter the technical positioning view.

Five measures

Quality of the positioning case

Trend

Breadth

Persistence

Relative

Risk quality

Parent-relative performance

Returns versus Industrials

Composite rank 11 of 25

HorizonReturnRelative

1 week-1.2%-0.2 pts

4 weeks-1.6%0.3 pts

13 weeks-1.6%1.3 pts

26 weeks1.8%-0.7 pts

52 weeks4.8%1.6 pts

Return is the industry index’s change. Relative is its return minus Industrials, in percentage points.

Relative leadership path

Engineering & Construction versus Industrials

Improving

Relative performance13-week relative trendStarting level · 100

Both indexes are compared from the same starting date. Above 100 means Engineering & Construction has outperformed Industrials since that date; below 100 means it has lagged. A rising line indicates improving relative performance, even when both markets are falling.

Supporting evidence

Confirmation and conflict

+Relative performance is improving within its parent hierarchy.

!Index trend architecture has not delivered a durable upward expansion.

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

!Constituent persistence remains divided or predominantly negative.

!Stage 4 declining constituents exceed Stage 2 advancing constituents by 28 percentage points.

Decision boundaries

What would change the view?

1A completed weekly reclaim of 1,741.53, the higher of Trend Line and Fair Value, would improve the structural case.

2Breadth holding above 55% for several completed weeks would show that repair is spreading.

3Positive 13 and 26-week relative performance would confirm that capital is rotating into the group.

Trend state and durability

Trend, durability and market stages

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

Index trend structure

Unresolved

8 weeks

The Activity Lines, Trend Line and price acceptance remain genuinely mixed.

Trend conditionDownActivity Line spread0.39%Closes above Activity Lines33%Closes below Activity Lines17%

Six completed weeks of price acceptance relative to the full Activity Line fan.

Index persistence

Positive regime, shorter trend weakening

75% agreement

The long trend remains positive, but the 13-week horizon has turned against it.

13-week

-1.6%

26-week

1.8%

39-week

1.7%

52-week

4.8%

Regime age104 weeks52-week flips052-week boundary1638.75

Company trends

How broadly durable is the move?

92% coverage

47%positive

Coherent positive18%

Coherent negative28%

Horizon agreement79%

Weakening positives193

Repairing negatives133

991 constituents measured as of 2 Oct 2026.

Market stages

Where companies sit in the cycle

95% coverage

52%Stage 4

Stage 1 Basing12%118

Stage 2 Advancing24%250

Stage 3 Distribution12%125

Stage 4 Declining52%535

Re-acceleration16Transition watch135Fair Value repairs63

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

Countries and regions

Where Engineering & Construction strength is developing

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

Countries measured3235 represented in the full universe

Positive countries6 / 32Latest weekly return above zero

Above Trend Line44%14 country indexes

Return dispersion2.24 ptsCross-country opportunity and divergence

Latin America0.93%

1 countries · 6 equities · 1% of measured coverage

Participation60%Countries above Trend0%

North America0.64%

3 countries · 57 equities · 5% of measured coverage

Participation52%Countries above Trend67%

Other markets0.64%

1 countries · 46 equities · 4% of measured coverage

Participation41%Countries above Trend100%

Europe-1.29%

13 countries · 125 equities · 12% of measured coverage

Participation36%Countries above Trend54%

Asia Pacific-1.30%

10 countries · 796 equities · 74% of measured coverage

Participation33%Countries above Trend40%

Middle East and Africa-3.48%

4 countries · 44 equities · 4% of measured coverage

Participation23%Countries above Trend0%

Country evidence map

Return, breadth and trend condition

Minimum 3 constituents

3 thin country slices are excluded from comparative conclusions. Their securities remain in the global index.

Country leadership

Strongest country readings

🇨🇦Canada7 equities3.49%

🇧🇷Brazil6 equities0.93%

🇳🇱Netherlands3 equities0.91%

🇹🇼Taiwan46 equities0.64%

🇺🇸United States46 equities0.27%

🇸🇪Sweden24 equities0.17%

Country pressure

Weakest country readings

🇹🇷Turkey15 equities-7.82%

🇫🇷France6 equities-6.98%

🇸🇦Saudi Arabia5 equities-5.27%

🇮🇩Indonesia24 equities-3.62%

🇰🇷South Korea40 equities-3.45%

🇩🇪Germany8 equities-2.76%

Related industries

Where Engineering & Construction sits inside Industrials

Relative performance over four and thirteen weeks, alongside participation, separate durable leadership from a one-week move.

Composite rank11 / 25 Leading6 Lagging7 Above Trend7 / 25 Return dispersion0.71 pts

Relative rotation map

Is this industry gaining or surrendering leadership?

↑ Four-week return versus Industrials Percentage-point difference

Improving

Leading

Lagging

Weakening

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Thirteen-week return versus Industrials →

Numbers match the ranking. Larger markers represent more constituents. Fine lines connect separated markers to their actual positions.

Explore the rotation mapHover or focus a marker or ranking to inspect its relative returns.

Leadership quality · latest completed week

Do the leaders have broad support?

5 of 6 relative leaders with breadth data have fewer than half their companies advancing this week. Leadership is not yet matched by broad weekly participation.

Top six by composite scoreCompanies advancing13-week
relative return

Marine Shipping

47%

+13.5 pp

Trucking

42%

+7.2 pp

Industrial Distribution

49%

+6.1 pp

Staffing & Employment Services

32%

+8.5 pp

Infrastructure Operations

51%

+3.1 pp

Tools & Accessories

43%

-1.4 pp

The tick marks 50% advancing; unchanged companies remain in the denominator. A weak week can challenge a longer lead without reversing it. Relative return is measured against Industrials.

Composite industry ranking

Momentum with confirmation

Score / 100

Marine ShippingLeading · 47% advancing

100 2

TruckingLeading · 42% advancing

86 3

Industrial DistributionLeading · 49% advancing

83 4

Staffing & Employment ServicesWeakening · 32% advancing

67 5

Infrastructure OperationsLeading · 51% advancing

58 6

Tools & AccessoriesImproving · 43% advancing

56 7

Specialty Business ServicesWeakening · 33% advancing

54 8

Consulting ServicesWeakening · 35% advancing

53 9

RailroadsLeading · 39% advancing

49 10

Metal FabricationImproving · 39% advancing

45 11

Engineering & ConstructionLeading · 32% advancing

45 12

Integrated Freight & LogisticsWeakening · 36% advancing

42 13

Specialty Industrial MachineryImproving · 38% advancing

41 14

Business Equipment & SuppliesWeakening · 24% advancing

39 15

ConglomeratesWeakening · 30% advancing

34 16

Security & Protection ServicesLagging · 37% advancing

31 17

Farm & Heavy Construction MachineryWeakening · 38% advancing

30 18

Building Products & EquipmentLagging · 34% advancing

30 19

Rental & Leasing ServicesLagging · 43% advancing

29 20

Electrical Equipment & PartsImproving · 39% advancing

29 21

Waste ManagementLagging · 34% advancing

29 22

Pollution & Treatment ControlsLagging · 32% advancing

29 23

AirlinesImproving · 37% advancing

18 24

Airports & Air ServicesLagging · 19% advancing

3 25

Aerospace & DefenseLagging · 28% advancing

The score combines relative returns, weekly participation and the gap to Trend. It ranks the evidence; it is not a probability or an expected return.

Participation and risk

Breadth, momentum and risk

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

Advancing participation31.8%-10.1 points versus recent baseline

13-week positive weeks46%Index-level hit rate

Annualised volatility10.1%52-week index return volatility

Current drawdown-6.2%From the 52-week index high

156-week max drawdown-7.5%Peak-to-trough index decline

Market participation

Net advancing participation

Range -100 to +100

Trend momentum

Trend Line rate of change

Positive or negative slope

Company returns

What the headline return conceals

1079 equities

Average loser-4.33%

Average winner+4.30%

Median equity-0.98%The middle security, less sensitive to extreme movers

Interquartile range-3.56% to 0.99%The central half of the universe

Security dispersion6.60 ptsCross-sectional opportunity and stock-selection risk

News and price confirmation

News and price agreement

Open sentiment intelligence

News snapshot prepared 4 Oct 2026, 15:23 BST for this weekly report.

Qualified sentiment coverage for this industry is still building.

Company performance

The equities driving the result

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

Leadership

Strongest weekly contributors

1L2Hiap Seng IndSG50.00%2017Chanhigh Holdings LimitedHK38.52%1735Central New Energy Holding Group LimitedHK29.33%3789Royal Deluxe Holdings LimitedHK27.66%7943Greentronics Technology BerhadMY25.00%HYDROHydrotek Public Company LimitedTH25.00%

Pressure

Weakest weekly contributors

1726HKE Holdings LimitedHK-65.41%MSGYMasonglory Limited Ordinary SharesUS-45.54%ANELEAnel Elektrik Proje Taahhüt ve Ticaret Anonim SirketiTR-40.87%RALYHRal Yatirim Holding A.S.TR-40.85%002785ChinHung International, Inc.KR-28.57%PLEPower Line Engineering Public Company LimitedTH-28.57%

Latest week

All industry constituents

Showing 1-30 of 1079, sorted by weekly return.

Latest completed weekly prices in each listing’s currency. All constituents remain available through the pages below.
Ticker	Company	Market	Open	High	Low	Close	Return
1L2	Hiap Seng Ind	SG · SES	0.011	0.019	0.011	0.018	50.00%
2017	Chanhigh Holdings Limited	HK · HKG	0.61	0.95	0.565	0.845	38.52%
1735	Central New Energy Holding Group Limited	HK · HKG	10.55	13.36	10.48	13.36	29.33%
3789	Royal Deluxe Holdings Limited	HK · HKG	0.235	0.30	0.235	0.30	27.66%
7943	Greentronics Technology Berhad	MY · KLS	0.20	0.26	0.195	0.25	25.00%
HYDRO	Hydrotek Public Company Limited	TH · SET	0.03	0.06	0.03	0.05	25.00%
8366	Zhejiang United Investment Holdings Group Limited	HK · HKG	0.028	0.045	0.028	0.033	22.22%
AXISCADES	AXISCADES Technologies Limited	IN · NSI	1,890.50	2,349.60	1,861.00	2,307.30	21.94%
TICL	Twamev Construction and Infrastructure Limited	IN · NSI	6.74	7.79	6.74	7.79	21.34%
605303	Hangzhou Landscaping Incorporated	CN · SHH	23.68	28.66	23.68	28.66	21.03%
5178	Ingenieur Gudang Berhad	MY · KLS	0.025	0.03	0.025	0.03	20.00%
1401	Mbs Inc	JP · JPX	1,549.00	1,735.00	1,500.00	1,735.00	19.74%
8268	Smart City Development Holdings Limited	HK · HKG	0.127	0.155	0.106	0.15	18.11%
1780	Rongzun International Holdings Group Limited	HK · HKG	5.09	6.08	4.95	5.98	17.03%
5G9	Tritech Group Limited	SG · SES	0.006	0.007	0.006	0.007	16.67%
1903	JBB Builders International Limited	HK · HKG	1.90	2.54	1.90	2.20	15.79%
6829	Dragon Rise Group Holdings Limited	HK · HKG	2.67	3.50	2.52	3.35	14.73%
MIMI	Mint Incorporation Limited Class A Ordinary Shares	US · NASDAQ	1.03	1.07	0.8493	0.8847	14.72%
1436	GreenEnergy & Company Inc.	JP · JPX	1,730.00	2,033.00	1,730.00	1,971.00	14.46%
6998	Bintai Kinden Corporation Berhad	MY · KLS	0.075	0.08	0.07	0.08	14.29%
002856	Shenzhen Magic Design & Decoration Engineering Co., Ltd.	CN · SHZ	17.77	20.22	17.50	20.22	13.66%
ARE	Aecon Group Inc.	CA · TOR	52.00	59.96	50.93	59.17	13.09%
8023	Kwong Man Kee Group Limited	HK · HKG	0.35	0.395	0.35	0.395	12.86%
1591	Shun Wo Group Holdings Limited	HK · HKG	0.117	0.135	0.117	0.132	12.82%
1683	Hope Life International Holdings Limited	HK · HKG	0.12	0.14	0.111	0.135	12.50%
0292	Jati Tinggi Group Berhad	MY · KLS	1.24	1.44	1.22	1.39	12.10%
9933	CTCI Corporation	TW · TAI	40.95	45.80	40.35	45.80	11.71%
8192	Mercury Industries Berhad	MY · KLS	0.625	0.695	0.625	0.695	11.20%
6691	Yankey Engineering Co., Ltd.	TW · TAI	657.00	759.00	645.00	741.00	11.09%
SHA	SHAPE Australia Corporation Limited	AU · ASX	7.31	8.15	7.10	8.12	10.93%