Qualified foreign investors (QFIs) increased their stakes in 42 Tadawul-listed firms on Sunday, July 29, while 46 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
AlBaha Investment & Development Co., Hail Cement Co. and National Agriculture Marketing Co. (Thimar) were the top companies seeing further purchases by foreign investors.
Foreign investors raised their shareholdings in AlBaha by 0.14 percent, and in Hail Cement and Thimar by 0.08 percent, each.
Top Five Stocks Where QFIs Increased Stakes |
||||
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
AlBaha |
1.54% |
1.68% |
+0.14% |
21,000 |
Hail Cement |
1.00% |
1.08% |
+0.08% |
78,320 |
Thimar |
1.45% |
1.53% |
+0.08% |
8,000 |
Aljazira REIT |
1.82% |
1.88% |
+0.06% |
7,080 |
Al Yamamah Steel |
0.74% |
0.79% |
+0.05% |
25,400 |
Meanwhile, Saudi Industrial Services Co. (SISCO) and Saudi Co. for Hardware (SACO) saw the highest stock sales by foreign investors, with QFIs offloading 0.79 percent and 0.31 percent of their holdings, respectively.
Top Five Stocks Where QFIs Offloaded Stakes |
||||
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
SISCO |
2.09% |
1.30% |
(0.79%) |
644,640 |
SACO |
11.27% |
10.96% |
(0.31%) |
74,400 |
AXA |
24.84% |
24.68% |
(0.16%) |
72,000 |
SIIG |
3.79% |
3.66% |
(0.13%) |
585,000 |
Walaa |
9.54% |
9.41% |
(0.13%) |
57,200 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}