Non-institutional foreign ownership ex-Aramco drops to 10.85% last week

Tadawul trading screen

Non-institutional foreign investors decreased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.85%, or SAR 322.75 billion, in the week ended Sept. 14, 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, remained unchanged at 1.91% of total market cap, or SAR 56.9 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, dropped from 12.32% to 12.31%, or SAR 366.25 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.46%, or SAR 43.5 billion, of the total foreign ownership in the Saudi market for the same week.