Non-founding foreign investments up to 2.50% 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 2.50%, or SAR 261.9 billion, in the week ending Oct. 21, compared to 2.46% in the week before, on net purchases at a total value of nearly SAR 730.2 million, market data showed.

The foreign investors’ ownership last week is the highest in more than 22 months since Saudi Aramco’s listing.

GCC investors' ownership in the Saudi market increased to 0.50%, or SAR 52.2 billion, in the week ending Oct. 21, compared to the week before.

Foreign investors’ ownership, including strategic partners, rose by 0.05% to 3.02%, or SAR 317.01 billion, for the week.

Founding foreign investors accounted for 0.52%, or SAR 55.1 billion, of the total foreign ownership in the Saudi market for the week ending Oct. 21.