Non-institutional foreign ownership ex-Aramco down to 9.38% last week

Tadawul trading screen

Non-institutional foreign investors decreased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.38% of the total market value of SAR 308.6 billion in the week ended July 4, from 9.47% 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, stabilized at 2.17%, or SAR 71.3 billion, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, retreated from 11.04% to 10.94%, or SAR 359.8 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.56%, or SAR 51.2 billion, of the total foreign ownership in the Saudi market for the week ended June 27, 2024, according to Argaam calculations.