Qualified foreign investors (QFIs) increased their stakes in 70 Tadawul-listed firms on Wednesday, March 14, while 36 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
AXA Cooperative Insurance Co., United Electronics Co. (eXtra) and Malath Cooperative Insurance Co. were the top companies seeing further purchases by foreign investors.
Foreign investors raised their shareholdings in AXA by 0.59 percent, and in eXtra and Malath by 0.53 percent and 0.26 percent, respectively.
|
Top Five Stocks Where QFIs Increased Stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
AXA |
24.00% |
24.59% |
+0.59% |
265,500 |
|
Extra |
7.53% |
8.06% |
+0.53% |
222,600 |
|
Malath |
20.03% |
20.29% |
+0.26% |
130,000 |
|
Al Rajhi |
5.02% |
5.17% |
+0.15% |
2,437,500 |
|
Al-Khodari |
1.53% |
1.63% |
+0.10% |
53,125 |
Meanwhile, Gulf Union Cooperative Insurance and Sahara Petrochemical Co. saw the highest stock sales by foreign investors, with QFIs offloading 0.82 and 0.40 percent of their holdings, respectively.
|
Top Five Stocks Where QFIs Offloaded Stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Gulf Union |
3.14% |
2.32% |
(0.82%) |
123,000 |
|
Sahara |
1.27% |
0.87% |
(0.40%) |
1,755,180 |
|
Tasnee |
1.05% |
0.83% |
(0.22%) |
1,471,611 |
|
Aldrees |
3.34% |
3.18% |
(0.16%) |
80,000 |
|
MEPCO |
1.60% |
1.46% |
(0.14%) |
70,000 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}