Non-institutional foreign ownership ex-Aramco down to 9.31% last week

Tadawul trading screen

Non-institutional foreign investors’ ownership in Tadawul-listed equities, excluding Saudi Aramco, declined in the week ended Aug. 1 to 9.31% of the total market value, or SAR 319.9 billion, from 9.33% in the previous week, 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 last week to 2.12%, or SAR 72.9 billion, from 2.15% a week earlier.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, inched down from 10.87% to 10.85%, or SAR 372.72 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.54%, or SAR 52.8 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam calculations.