Non-institutional foreign ownership ex-Aramco unchanged at 9.29% last week

Tadawul trading screen

The ownership of non-institutional foreign investors in Tadawul-listed equities, excluding Saudi Aramco, stabilized at 9.29%, or SAR 322.5 billion, in the week ended Oct. 10, 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 2.20% of total market cap, or SAR 76.4 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, rose from 10.66% to 10.68%, or SAR 370.81 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.39%, or SAR 48.3 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.