Non-institutional foreign ownership excluding Aramco drops to 10.08% last week

Tadawul trading screen

Non-institutional foreign investors decreased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.08%, or SAR 286.1 billion, in the week ended July 14, from 10.13% in the week before, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents and qualified foreign investors (QFIs).

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, stabilized at 1.74% of total market cap, or SAR 49.3 billion, week-on-week (WoW).

Foreign investors’ ownership, including strategic partners in Saudi equities and excluding Saudi Aramco, inched down to 12.35%, or SAR 350.35 billion, from 12.36%, for the week ended July 14.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 2.26%, or SAR 64.2 billion, of the total foreign ownership in the Saudi market for the same week.