Non-institutional foreign ownership ex-Aramco unchanged at 9.38% last week

Tadawul trading screen

Non-institutional foreign investors maintained their ownership in Tadawul-listed equities, excluding Saudi Aramco, at 9.38, or SAR 316.2 billion, in the week ended Nov. 21, 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 2.24% of total market cap, or SAR 75.52 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, rose from 10.78% to 10.79%, or SAR 363.78 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.41%, or SAR 47.6 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.