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

Tadawul trading screen

Non-institutional foreign investors’ ownership in Tadawul-listed equities, excluding Saudi Aramco, declined in the week ended Aug. 29 to 9.29% of the total market value, or SAR 322.2 billion, from 9.35% 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 last week to 2.19%, or SAR 76.1 billion, from 2.25% a week earlier.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, inched down from 10.81% to 10.71%, or SAR 371.4 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.42%, or SAR 49.15 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam calculations.