Non-institutional weekly foreign investments excluding Aramco grow to 10.45%

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.45%, or SAR 286.52 billion, in the week ended Feb. 23, compared with 10.42% a week before, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents and qualified foreign investors (QFIs), but does not include the strategic ownership of institutional investors.

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, rose from 1.73% to 1.77% of the total market cap, or SAR 48.5 billion in the week ended Feb. 23.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, stabilized at 12.03%, or SAR 329.8 billion, for the week ended Feb. 23.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.58%, or SAR 43.3 billion, of the total foreign ownership in the Saudi market for the same week.