Non-institutional foreign ownership ex-Aramco rises to 9.82% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.82%, or SAR 309.8 billion, in the week ended Dec. 21, from 9.77% in the week earlier, 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 2.14% of the total market cap, or SAR 67.5 billion, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, inched up from 11.18% to 11.25%, or SAR 354.94 billion.

Institutional foreign investors, excluding Saudi Aramco, amounted to SAR 45.2 billion last week, representing 1.43% of the total foreign ownership in the Saudi market.