Non-institutional foreign ownership excluding Aramco down to 10.45% last week

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.45%, or SAR 281.79 billion, in the week ended March 16, 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 1.81% to 1.82% of total market cap, or SAR 49 billion in the week ended March 16.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, dropped from 12.13% to 12.04%, or SAR 324.62 billion, for the week ended March 16.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.59%, or SAR 42.8 billion, of the total foreign ownership in the Saudi market for the same week.