Qualified foreign investors (QFIs) holding shareholdings in Saudi listed firms increased their stakes in 70 firms on Sunday, while 42 listed companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
National Medical Care Co. (Care), Tourism Enterprise Co. (Shams) and Mouwasat Medical Services Co. were the top companies seeing further purchases by foreign investors.
Foreign investors raised their shareholdings in Care by 0.31 percent, and in Shams and Mouwasat by 0.22 and 0.21 percent respectively.
|
Top five stocks where QFIs increased stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Care |
3.77% |
4.08% |
+0.31% |
139,035 |
|
Shams |
3.01% |
3.23% |
+0.22% |
22,330 |
|
Mouwasat |
9.63% |
9.84% |
+0.21% |
105,000 |
|
Buruj |
1.42% |
1.59% |
+0.17% |
42,500 |
|
Bank Aljazira |
7.92% |
8.06% |
+0.14% |
728,000 |
Meanwhile, Ash-Sharqiyah Development Co. and Saudi Paper Manufacturing Co. saw the highest stock sales by foreign investors, with QFIs offloading 0.23 percent and 0.17 percent of their holdings respectively.
|
Top five stocks where QFIs offloaded stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Ash-Sharqiyah |
1.00% |
0.77% |
(0.23%) |
17,250 |
|
Paper Manufacturing |
2.00% |
1.83% |
(0.17%) |
76,500 |
|
Gulf General |
2.14% |
1.98% |
(0.16%) |
32,000 |
|
Adanced |
2.17% |
2.04% |
(0.13%) |
255,832 |
|
BCI |
1.92% |
1.82% |
(0.10%) |
27,500 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}