Non-institutional foreign ownership ex-Aramco rises to 9.41% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.41, or SAR 312.5 billion, in the week ended Nov. 28, 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 75.5 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, rose from 10.79% to 10.83%, or SAR 359.3 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.41%, or SAR 46.9 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.