Saudi investors traded US stocks worth SAR 323.4 billion through capital market institutions in 2020, a surge of 606%, compared with SAR 45.8 billion a year earlier.
The US stocks rose remarkably last year, with the Dow Jones Index and S&P 500 gaining 6.9% and 16%, respectively. Meanwhile, NASDAQ Composite jumped 42.9%, reaching its highest level in 11 years.
The CMA report on the traded value of authorized persons (local brokers) in the global markets does not include the number of Saudi portfolios overseas or the number of investors trading directly through foreign brokers.
Saudis’ Trading in US Stocks |
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Period |
Value (SAR mln) |
Variation |
2015 |
20,282 |
-- |
2016 |
24,304 |
+20% |
2017 |
31,020 |
+28% |
2018 |
41,625 |
+34% |
2019 |
45,800 |
+10% |
2020 |
323,365 |
+606% |
Saudi investors recorded the highest value of SAR 114.2 billion in Q3 2020 from trading of US stocks, followed by SAR 98.2 billion in the fourth quarter.
Saudis’ Trading in US Stocks in 2020 |
||
Period |
Value (SAR mln) |
Variation |
Q1 2020 |
29,552 |
+118% |
Q2 2020 |
81,338 |
+175% |
Q3 2020 |
114,246 |
+40% |
Q4 2020 |
98,229 |
(14%) |
Saudi investors' traded value of US stocks accounted for 98.3% of their total traded value in overseas markets, reaching SAR 328.8 billion.
Trading Values by Authorized Persons in Foreign Markets (buy, sell) (SAR bln) |
|||||||
Year |
US |
GCC |
Europe |
Arabian |
Asian |
Other |
Total |
2015 |
20282 |
8777 |
1328 |
756 |
22 |
597 |
31762 |
2016 |
24304 |
4685 |
710 |
101 |
16 |
852 |
30666 |
2017 |
31020 |
2993 |
1222 |
256 |
15 |
1104 |
36611 |
2018 |
41625 |
2557 |
2172 |
309 |
79 |
322 |
47067 |
2019 |
45800 |
3180 |
855 |
289 |
78 |
767 |
50968 |
2020 |
323365 |
3931 |
722 |
516 |
100 |
200 |
328834 |
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