Qualified foreign investors (QFIs) increased their stakes in 65 Tadawul-listed firms on Monday, March 12, while 55 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
United International Transportation Co. Ltd. (Budget Saudi), Advanced Petrochemical Co. and Bupa Arabia Cooperative Insurance Co. were the top companies seeing further purchases by foreign investors.
Foreign investors raised their shareholdings in Budget Saudi by 0.54 percent, and in Advanced and Bupa Arabia by 0.14 percent and 0.13 percent, respectively.
|
Top Five Stocks Where QFIs Increased Stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Budget Saudi |
15.37% |
15.91% |
+0.54% |
384,300 |
|
Advanced |
1.92% |
2.06% |
+0.14% |
275,512 |
|
Bupa Arabia |
42.64% |
42.77% |
+0.13% |
104,000 |
|
Almarai |
1.95% |
2.06% |
+0.11% |
1,100,000 |
|
Al Khaleej Training |
5.72% |
5.83% |
+0.11% |
44,000 |
Meanwhile, Gulf Union Cooperative Insurance Co. and Al Ahlia for Cooperative Insurance Co. saw the highest stock sales by foreign investors, with QFIs offloading 0.37 and 0.36 percent of their holdings, respectively.
|
Top Five Stocks Where QFIs Offloaded Stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Gulf Union |
3.68% |
3.31% |
(0.37%) |
55,500 |
|
Al Ahlia |
21.05% |
20.69% |
(0.36%) |
60,000 |
|
SARCO |
1.88% |
1.59% |
(0.29%) |
43,500 |
|
Alandalus |
1.14% |
0.88% |
(0.26%) |
182,000 |
|
Anaam Holding |
1.16% |
0.98% |
(0.18%) |
35,280 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}