Non-institutional foreign ownership ex-Aramco up at 9.6%

Tadawul trading screen

Non-institutional foreign investors’ ownership in Tadawul-listed equities, excluding Saudi Aramco, rose in the week ended March 28 to 9.6% of the total market value, or SAR 338.7 billion, from 9.5% in the previous week, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders as well as resident 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, rose from 2.02% to 2.07% of the total market capitalization, or SAR 72.9 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, and excluding Saudi Aramco, rose from 11.11% to 11.22%, or SAR 395.72 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.62%, or SAR 57 billion, of the total foreign ownership in the Saudi market for the same week.