Foreign investors hiked stakes in 42 listed firms on Sunday July 1

Qualified foreign investors (QFIs) increased their stakes in 42 Tadawul-listed firms on Sunday, July 1, while 39 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.

National Medical Care Co. (Care), Amana Cooperative Insurance Co. and Saudi Industrial Export Co. (SIECO) were the top companies seeing further purchases by foreign investors.

Foreign investors raised their shareholdings in Care by 0.29 percent, and in Amana and SIECO by 0.16 percent and 0.08 percent, respectively.

Top Five Stocks Where QFIs Increased Stakes
Company	Previous stake	Current stake	Variation	Number of shares
Care	15.65%	15.94%	+0.29%	130,065
Amana	4.80%	4.96%	+0.16%	22,400
SIECO	1.58%	1.66%	+0.08%	864
Al Tayyar	11.81%	11.88%	+0.07%	146,755
Kayan	2.65%	2.72%	+0.07%	1,050,000

Meanwhile, Saudi Indian Cooperative Insurance Co. (Wafa Insurance) and Taleem REIT Fund saw the highest stock sales by foreign investors, with QFIs offloading 0.28 percent and 0.24 percent of their holdings, respectively.

Top Five Stocks Where QFIs Offloaded Stakes
Company	Previous stake	Current stake	Variation	Number of shares
Wafa	11.91%	11.63%	(0.28%)	28,000
Taleem REIT	0.60%	0.36%	(0.24%)	68,400
Alhokair	3.33%	3.14%	(0.19%)	399,000
Alujain	5.53%	5.37%	(0.16%)	110,720
Al Sorayai	2.72%	2.62%	(0.10%)	22,500

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