Non-founding foreign investments rise to 1.53% for the week ending May 21

01/06/2020 Argaam Special

 

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Stock Exchange (Tadawul) to 1.53% in the week ending May 21, from 1.51% in the previous week, on net purchases worth SAR 2.26 billion, market data showed.

 

This week witnessed the MSCI semi-annual index review.

 

GCC investors' ownership in the Saudi market remained unchanged at 0.43% for the week, compared to the previous week.

 

In addition, foreign investors’ ownership, including strategic partners, grew by 0.02% to reach 1.97% for the week, compared to the previous week.

 

Founding foreign investors accounted for 0.44% of the total foreign ownership in the Saudi market for the week ending May 21.

 

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