Non-founding foreign investments rise to 2.46% last week

Tadawul trading screen

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Exchange (Tadawul) to 2.46%, or SAR 241.1 billion, in the week ending Sept. 9, compared to 2.44% in the week before, on net purchases at SAR 261.7 million, market data showed.

Non-founding foreign investors’ ownership last week was the highest in 21 months since Saudi Aramco’s share listing.

GCC investors' ownership in the Saudi market remained unchanged at 0.51%, or SAR 50.5 billion, in the week ending Sept. 9, compared to the week before.

Foreign investors’ ownership, including strategic partners, rose by 0.03% to 3.01%, or SAR 295.1 billion, for the week.

Founding foreign investors accounted for 0.55%, or SAR 53.95 billion, of the total foreign ownership in the Saudi market for the week ending Sept. 9.