Non-institutional foreign ownership ex-Aramco rose to 10.91% last week

Tadawul trading screen

Non-institutional foreign investors raised their ownership in Tadawul-listed equities, excluding Saudi Aramco, in the week ended Sept. 28 to 10.91% of the total market value, or SAR 320.8 billion, from 10.88% in the previous week, 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 1.93% of the total market cap, or SAR 56.8 billion, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners, increased from 12.38% to 12.39%, or SAR 364.56 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.49%, or SAR 43.8 billion, of the total foreign ownership in the Saudi market for the same week.