Non-institutional foreign investors ex-Aramco raised ownership in Tadawul to 9.43% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.38% to 9.43%, or SAR 316.56 billion, in the week ended Sept. 12, 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, rose from 2.20% to 2.22% of total market cap, or SAR 74.5 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, surged from 10.81% to 10.85%, or SAR 364 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.41%, or SAR 47.4 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.