Saudi trades in US stocks fall 56% to SAR 50.6 bln in Q3 2021

23/11/2021 Argaam Special


Saudi investors traded US stocks worth SAR 77.4 billion through capital market institutions in Q1 2021, a surge of 162%, compared with SAR 29.6 billion a year earlier.

 

On a quarterly basis, Saudi trading in US stocks recorded a decrease of SAR 20.8 billion in Q1 2021 compared to SAR 98.2 billion in Q4 2020, according to a report by the Capital Market Authority (CMA).

 

Dow Jones Industrial Average rose 7.6% in the third quarter of 2021, S&P 500 moved up 8.5%, and Nasdaq Composite gained about 11% in the same period.

 

Saudis’ Trading in US Stocks

Period

Value (SAR mln)

Variation

Q1 2016

6896

--

Q2 2016

6087

--

Q3 2016

7138

+39

Q4 2016

4183

(45)

Q1 2017

7992

+16

Q2 2017

7715

+27

Q3 2017

8497

+19

Q4 2017

6816

+63

Q1 2018

11785

+47

Q2 2018

11078

+44

Q3 2018

7204

(15)

Q4 2018

11558

+70%

Q1 2019

11085

(6)

Q2 2019

6472

(42)

Q3 2019

14682

+104%

Q4 2019

13561

+17%

Q1 2020

29552

+167%

Q2 2020

81338

+1157%

Q3 2020

114246

+678%

Q4 2020

98229

+624%

Q1 2021

77410

+162%

Q2 2021

60647

(25%)

Q3 2021

50644

(56%)

 

Saudi investors' traded value of US stocks accounted for 97.8% of their total traded value in overseas markets, reaching SAR 51.8 billion.

 

Trading Values by Authorized Persons in Foreign Markets (Buy / Sell)

Market

Value (SAR mln)

Ratio (%)

US

50644

97.8%

GCC

613

1.2%

Europe

217

0.4%

Arabian

198

0.4%

Asian

66

0.1%

Other

51

0.1%

Total

51789

100.0%

 

 

 

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