Non-founding foreign ownership rises to 1.77% last week

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership on the Saudi Stock Exchange (Tadawul) by 1.77% in the week ending Oct. 15, compared with 1.73% in the previous week.

They were net buyers of shares worth nearly SAR 1.08 billion during the week.

GCC investors' ownership in the Saudi market remained unchanged at 0.47% in the week ending on Oct. 15, compared to the previous week.

In addition, foreign investors’ ownership, including strategic partners, rose by 0.04% week-on-week to reach 2.22%.

Founding foreign investors accounted for 0.45% of the total foreign ownership in the Saudi market for the week ending Oct. 15.

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