Non-institutional foreign ownership ex-Aramco up to 9.3% last week

Tadawul trading screen 

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.28% to 9.3%, or SAR 323.9 billion, in the week ended Nov. 7, 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, increased from 2.20% to 2.21% of total market cap, or SAR 77 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, advanced from 10.67% to 10.72%, or SAR 373.3 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.42%, or SAR 49.4 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.