Non-institutional weekly foreign ownership excluding Aramco rises to 10.49%

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.49%, or SAR 290.6 billion, in the week ended March 2, 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, rose from 1.77% to 1.80% of the total market cap, or SAR 49.9 billion in the week ended March 2.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, grew from 12.03% to 12.13%, or SAR 335.89 billion, for the week ended March 2.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.64%, or SAR 45.3 billion, of the total foreign ownership in the Saudi market for the same week.