Non-institutional foreign ownership ex-Aramco down to 9.39% last week

Tadawul trading screen 

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.42% to 9.39%, or SAR 335.4 billion, in the week ended Sept. 26, 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, remained unchanged at 2.21% of total market cap, or SAR 78.9 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 10.85% to 10.79%, or SAR 385.4 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.40%, or SAR 50.1 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.