US stock trading hall
Saudi investors executed sell and buy transactions on US equities of SAR 58.6 billion through capital market institutions in Q2 2024, a year-on-year (YoY) fall of about SAR 1.25 billion, or 2%.
Saudi trades in US stocks through capital market institutions recorded a 6% decline (SAR 3.75 billion) from SAR 62.3 billion in Q1 2024, the Capital Market Authority (CMA) said in a report.
The CMA report on the traded value of local brokers in the global markets does not include either details of the number of Saudi portfolios abroad, the number of investors trading directly through foreign brokers or their trading volumes.
The following table shows development in Saudi transactions on US equities:
|
Saudi Trades in US Equities |
||
|
Period |
Value (SAR mln) |
YoY Change |
|
Q1 2022 |
85896 |
+10% |
|
Q2 2022 |
147438 |
+143% |
|
Q3 2022 |
99497 |
+96% |
|
Q4 2022 |
50346 |
+9% |
|
Q1 2023 |
58841 |
(31%) |
|
Q2 2023 |
59812 |
(59%) |
|
Q3 2023 |
42594 |
(57%) |
|
Q4 2023 |
58734 |
+17% |
|
Q1 2024 |
62313 |
+6% |
|
Q2 2024 |
58559 |
(2%) |
Saudi transactions in the US market accounted for nearly 95% of the total second-quarter trading by Saudis in foreign markets, which stood at SAR 61.9 billion, the market regulator added.
The table below highlights sell and buy transactions on US equities executed by Saudi investors through authorized market institutions in foreign markets in Q2 2024:
|
Traded Value by Authorized Market Institutions in Foreign Markets |
||
|
Region |
Value (SAR mln) |
Ratio |
|
US |
58559 |
94.6 % |
|
GCC |
1169 |
1.9 % |
|
Asian |
478 |
0.8 % |
|
European |
117 |
0.2 % |
|
Arabian |
25 |
0.04 % |
|
Other |
1522 |
2.5 % |
|
Total |
61870 |
100.0% |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}