Non-institutional weekly foreign ownership excluding Aramco declines to 10.39%

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.39%, or SAR 291.74 billion, in the week ended Feb. 9, 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, increased from 1.73% to 1.74% of total market cap, or SAR 48.8 billion in the week ended Feb. 9.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, dropped from 12.06% to 11.95%, or SAR 335.4 billion, for the week ended Feb. 9.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.55%, or SAR 43.6 billion, of the total foreign ownership in the Saudi market for the same week.