Qualified foreign investors (QFIs) increased their stakes in 57 Tadawul-listed firms on Tuesday, May 8, while 45 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
Alujain Corporation and AXA Cooperative Insurance Co. were the top companies seeing further purchases by foreign investors.
Foreign investors raised their shareholdings in Alujain by 0.96 percent, and in AXA by 0.15 percent, respectively.
Top Five Stocks Where QFIs Increased Stakes |
||||
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
Alujain |
4.69% |
5.65% |
+0.96% |
664,320 |
AXA |
27.61% |
27.76% |
+0.15% |
67,500 |
Malath |
21.42% |
21.56% |
+0.14% |
70,000 |
Bupa Arabia |
44.14% |
44.28% |
+0.14% |
112,000 |
National Gypsum |
1.48% |
1.59% |
+0.11% |
34,833 |
Meanwhile, Saudi Vitrified Clay Pipes Co. (SVCP) and Saudi Indian Cooperative Insurance Co. (Wafa) saw the highest stock sales by foreign investors, with QFIs offloading 0.55 and 0.19 percent of their holdings, respectively.
Top Five Stocks Where QFIs Offloaded Stakes |
||||
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
SVCP |
1.90% |
1.35% |
(0.55%) |
82,500 |
Wafa |
13.57% |
13.38% |
(0.19%) |
19,675 |
Al Tayyar |
11.80% |
11.65% |
(0.15%) |
314,475 |
Amana |
5.34% |
5.20% |
(0.14%) |
19,600 |
Al Othaim |
4.93% |
4.80% |
(0.13%) |
117,000 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}