Non-institutional foreign ownership ex-Aramco up to 9.29% last week

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Institutional foreign investors, excluding Saudi Aramco, accounted for 1.58%, or SAR 54.5 billion, of the total foreign ownership in the Saudi market for the same week, Argaam 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, rose to 2.05%, or SAR 70.5 billion, from 2.01%, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, grew from 10.85% to 10.87%, or SAR 373.98 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.58%, or SAR 54.5 billion, of the total foreign ownership in the Saudi market for the same week.