Non-institutional foreign ownership ex-Aramco down to 9.35% last week

Tadawul trading screen

Non-institutional foreign investors decreased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.35% of the total market value of SAR 323.2 billion in the week ended July 18, from 9.36% 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, fell to 2.15%, or SAR 74.5 billion, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, retreated from 10.91% to 10.88%, or SAR 376.25 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.54%, or SAR 53.1 billion, of the total foreign ownership in the Saudi market for the week ended July 18, 2024, according to Argaam calculations.