Non-founding foreign investments up to 2.24% last week

Tadawul trading screen

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Stock Exchange (Tadawul) to 2.24%, or SAR 215.7 billion, in the week ending May 27, 2021, compared to 2.21% in the week before, on net purchases of around SAR 327.6 million, market data showed.

Non-founding foreign investors’ ownership last week is the highest in 17 months, since Saudi Aramco’s listing.

GCC investors' ownership in the Saudi market increased to 0.53%, or SAR 50.8 billion, in the week ending May 27, 2021, compared to the week before.

Foreign investors’ ownership, including strategic partners, rose by 0.05% to 2.74%, or SAR 263.8 billion, for the week.

Founding foreign investors accounted for 0.50%, or SAR 48.1 billion, of the total foreign ownership in the Saudi market for the week ending May 27, 2021.