Qualified foreign investors (QFIs) increased their stakes in 45 Tadawul-listed firms on Sunday, Feb. 18, while 39 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.

 

National Medical Care Co. (Care) and Saudi Indian Comoany for Cooperative Insurance (Wafa), were the top companies seeing further purchases by foreign investors. 

 

Foreign investors raised their shareholdings in Care by 0.32 percent and in Wafa and by 0.25 percent.

 

Top Five Stocks Where QFIs Increased Stakes

Company

Previous stake

Current stake

Variation

Number of shares

Care

 8.76%

 9.08%

+0.32%

143,520

Wafa

 12.68%

 12.93%

+0.25%

25,888

SACO

 8.60%

 8.73%

+0.13%

31,200

Amana

 5.22%

 5.35%

+0.13%

18,200

eXtra

 6.73%

 6.84%

+0.11%

46,200

 

Meanwhile, Alujain Corporation and Tourism Enterprise Co. (Shams) saw the highest stock sales by foreign investors, with QFIs offloading 0.10 percent and 0.08 percent of their holdings respectively.

 

Top Five Stocks Where QFIs Offloaded Stakes

Company

Previous stake

Current stake

Variation

Number of shares

Alujain

 6.92%

 6.82%

(0.10%)

69,200

Shams

 2.36%

 2.28%

(0.08%)

8,120

NADEC

 1.18%

 1.11%

(0.07%)

59,290

Tawuniya

 4.70%

 4.64%

(0.06%)

75,000

Alinma

 1.91%

 1.86%

(0.05%)

750,000

Comments 0

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Quotes



Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website