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

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.39% last week to 9.29%, or SAR 321.5 billion, in the week ended Oct. 3, 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, inched down week-on-week (WoW) from 2.21% to 2.20% (or SAR 76.3 billion) of total market cap by the end of the week.

 

 

 

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 10.79% to 10.66%, or SAR 369.1 billion, for the week.

 

 

 

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.38%, or SAR 47.6 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam data.