Non-founding foreign investments unchanged at 2.52% last week

Tadawul trading screen

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – remained unchanged on the Saudi Exchange (Tadawul) at 2.52%, or SAR 259.1 billion, in the week ending Nov. 18, compared to in the week before, market data showed.

The non-founding foreign investors’ ownership last week is considered the highest in more than 23 months, since Saudi Aramco’s listing.

GCC investors' ownership in the Saudi market increased to 0.50%, or SAR 51.3 billion, in the week ending Nov. 18, compared to the week before.

Foreign investors’ ownership, including strategic partners, dropped by 0.01% to 3.02%, or SAR 311.1 billion, for the week.

Founding foreign investors accounted for 0.50%, or SAR 51.97 billion, of the total foreign ownership in the Saudi market for the week ending Nov. 18.