Non-institutional foreign ownership ex-Aramco rises to 9.54% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.48% to 9.54%, or SAR 319.8 billion, in the week ended Dec. 19, 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, inched up from 2.22% to 2.23% of total market cap, amounting to SAR 74.66 billion by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, rose from 10.90% to 10.98%, or SAR 367.9 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.44%, or SAR 48.1 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.