Non-institutional weekly foreign ownership excluding Aramco down to 10.44%

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.44%, or SAR 294.07 billion, in the week ended Dec. 29, from 10.47% in the week before, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents and qualified foreign investors (QFIs).

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, fell from 1.72% to 1.71% of the total market cap, or SAR 48.1 billion week-on-week (WoW).

Foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, slid to 12.26 %, or SAR 346.6 billion, in the week ended Dec. 29, from 12. 30% the previous week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.82%, or SAR 51.2 billion, of the total foreign ownership in the Saudi market for the same week.