QFIs net buyers of SAR 16.4B worth of stocks in 9M

23/10/2024 Argaam Special
Tadawul trading screen

Tadawul trading screen


Qualified foreign investors (QFIs) were net purchasers of SAR 16.4 billion worth of stocks on the Saudi Exchange (Tadawul) in the first nine months of 2024, an increase by 36% compared to SAR 12.1 billion in 9M 2023, according to data issued by Tadawul.

 

Foreign investors bought SAR 384.5 billion worth of shares and sold shares at a total value of SAR 368.09 billion in 9M 2024.

 

QFIs include SWAP agreements, qualified investors, resident investors, discretionary portfolio management (DPMs), and strategic partners.

 

June witnessed the highest value of QFI purchases on Tadawul, reaching SAR 10.60 billion, as it saw Saudi Aramco's secondary offering of 1.54 billion shares, or about 0.64% of its issued capital.

 

Foreign Investors Trading Value in 9M 2024

Month

Purchases

(SAR bln)

Sales

(SAR bln)

Net traded value

(SAR bln)

2023

2024

2023

2024

2023

2024

January

18.54

42.15

17.49

42.54

+1.04

(0.39)

February

17.17

44.67

16.72

42.69

+0.46

+1.98

March

22.04

46.30

21.80

46.15

+0.25

+0.14

April

16.49

35.55

12.88

37.08

+3.61

(1.53)

May

28.91

42.15

28.55

41.52

+0.36

+0.63

June

18.88

56.27

16.97

45.66

+1.91

+10.60

July

27.46

34.39

23.51

35.56

+3.95

(1.16)

August

27.86

44.30

27.71

42.01

+0.15

+2.29

September

23.79

38.72

23.42

34.88

+0.37

+3.84

Total

201.14

384.5

189.05

368.09

+12.1

+16.4

 

Meanwhile, net sales of Saudi individuals in all categories amounted to SAR 9.03 billion in 9M 2024, compared to SAR 2.05 billion a year earlier.

 

Net purchases by Saudi investors stood at SAR 848.27 billion, against net sales worth SAR 839.24 billion.

 

Saudi investors include retail investors, high net worth investors, individual professional investors, and individual DPMs.

 

June recorded the highest net retail purchases at SAR 6.68 billion.

 

Saudi Investors’ Trading Value in 9M 2024

Month

Purchases

(SAR bln)

Sales

(SAR bln)

Net traded value

(SAR bln)

2023

2024

2023

2024

2023

2024

January

62.02

122.74

61.34

124.36

+0.69

(1.62)

February

46.38

113.58

44.68

118.08

+1.70

(4.51)

March

66.47

124.16

69.32

123.73

(2.85)

+0.42

April

60.14

80.27

63.70

76.03

(3.57)

+4.25

May

90.93

80.03

89.45

74.28

+1.48

+5.75

June

68.49

69.14

70.60

62.46

(2.11)

+6.68

July

99.41

91.01

100.19

90.00

(0.78)

+1.01

August

72.37

87.94

72.67

90.15

(0.30)

(2.20)

September

65.92

79.40

62.23

80.15

+3.69

(0.75)

Total

632.12

848.27

634.17

839.24

(2.05)

(9.03)

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