Non-founding foreign investments down to 1.66% last week

03/02/2020 Argaam Special

 

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – decreased their ownership in the Saudi Stock Exchange (Tadawul) to 1.66% in the week ending Jan. 30, compared to 1.67% in the previous week, on net purchases worth SAR 113.8 million, market data showed.

 

GCC investors' ownership in the Saudi market dropped for the week to 0.50%, compared to 0.51% in the previous week.

 

Foreign investors’ ownership, including strategic partners, fell by 0.04% to 2.21% in the week, compared to 2.25% in the previous week.

 

Founding foreign investors accounted for 0.55% of the total foreign ownership in the Saudi market for the week ending Jan. 30.

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