Non-institutional foreign ownership ex-Aramco up to 9.47% last week

Tadawul trading screen

Non-institutional foreign investors raised their ownership in Tadawul-listed equities, excluding Saudi Aramco, in the week ended June 27 to 9.47% of the total market value, or SAR 314.1 billion, from 9.46% 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, increased to 2.17%, or SAR 71.8 billion, from 2.16%, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, stabilized at 11.04%, or SAR 366.05 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.57%, or SAR 52 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam calculations.