Non-institutional foreign ownership ex-Aramco down to 9.28% last week

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.34% to 9.28%, or SAR 322.9 billion, in the week ended Oct. 31, 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, went down from 2.23% to 2.20% of total market cap, or SAR 76.7 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 10.77% to 10.67%, or SAR 371.3 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.