Non-institutional foreign ownership excluding Aramco down to 9.96% last week

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.96%, or SAR 323.1 billion, in the week ended Aug. 18, from 9.99% 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, remained unchanged at 1.72% of total market cap, or SAR 55.7 billion, compared to the week before.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, inched down from 12.09%, to 12.00%, or SAR 389.2 billion, for the week ended Aug. 18.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 2.04%, or SAR 66.2 billion, of the total foreign ownership in the Saudi market for the same week.