Non-institutional foreign investors ex-Aramco increase ownership to 10.59% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.55% to 10.59%, or SAR 324.56 billion, in the week ended May 11, market data showed.

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

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, remained unchanged at 1.88% of total market cap, or SAR 57.5 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, rose from 12.07% to 12.20%, or SAR 373.86 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.61%, or SAR 49.3 billion, of the total foreign ownership in the Saudi market for the same week.