US stock trading hall
Saudi investors executed sell and buy transactions on US equities at a total value of SAR 13.7 billion through capital market institutions in Q3 2023, a year-on-year (YoY) fall of SAR 9.15 billion, or 40%.
Trading by Saudis in the American market during the quarter hit the lowest since Q4 2019, which was at SAR 13.6 billion.
Saudi trades in US stocks through capital market institutions recorded an 8% decline of SAR 1.14 billion from SAR 14.8 billion in Q2 2023, the Capital Market Authority (CMA) said in a report.
The CMA report on the trading value of local brokers in the global markets does not include either details of the number of Saudi portfolios abroad, the number of investors trading directly through foreign brokers or their trading volumes.
The following table shows Saudi transactions on US equities since Q1 2016:
|
Saudi Transactions on US Equities |
||
|
Period |
Value (SAR mln) |
YoY Change |
|
Q1 2016 |
6896 |
-- |
|
Q2 2016 |
6087 |
-- |
|
Q3 2016 |
7138 |
+39% |
|
Q4 2016 |
4183 |
(45%) |
|
Q1 2017 |
7992 |
+16% |
|
Q2 2017 |
7715 |
+ 27% |
|
Q3 2017 |
8497 |
+19% |
|
Q4 2017 |
6816 |
+63% |
|
Q1 2018 |
11785 |
+47% |
|
Q2 2018 |
11078 |
+44% |
|
Q3 2018 |
7204 |
(15%) |
|
Q4 2018 |
11558 |
+70% |
|
Q1 2019 |
11085 |
(6%) |
|
Q2 2019 |
6472 |
(42%) |
|
Q3 2019 |
14682 |
+104% |
|
Q4 2019 |
13561 |
+17% |
|
Q1 2020 |
29552 |
+167% |
|
Q2 2020 |
81338 |
+1157% |
|
Q3 2020 |
114246 |
+678% |
|
Q4 2020 |
98229 |
+624% |
|
Q1 2021 |
77410 |
+162% |
|
Q2 2021 |
60647 |
(25%) |
|
Q3 2021 |
50644 |
(56%) |
|
Q4 2021 |
46206 |
(53%) |
|
Q1 2022 |
39945 |
(48%) |
|
Q2 2022 |
71040 |
+17% |
|
Q3 2022 |
22808 |
(55%) |
|
Q4 2022 |
14407 |
(69%) |
|
Q1 2023 |
20238 |
(49%) |
|
Q2 2023 |
14789 |
(79%) |
|
Q3 2023 |
13654 |
(40%) |
The transactions in the US market accounted for nearly 75.2% of total trading by Saudis in foreign markets, which stood at SAR 18.2 billion, the market regulator added.
The table below highlights sell and buy transactions on US equities executed by Saudi investors through authorized market institutions in foreign markets in Q3 2023:
|
Traded Value by Authorized Market Institutions in Foreign Markets (SAR mln) |
||
|
Region |
Value |
Percentage |
|
US |
13654.4 |
75.2% |
|
GCC |
1189.4 |
6.5% |
|
European |
362.2 |
2.0% |
|
Arabian |
33.0 |
0.2% |
|
Asian |
9.1 |
0.1% |
|
Other |
2917.8 |
16.1% |
|
Total |
18165.9 |
100% |
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