Foreign investors hiked stakes in 55 listed firms last Tuesday

05/08/2018 Argaam Special

 

Saudi Indian Cooperative Insurance Co. (Wafa),  Saudi Enaya Cooperative  Insurance Co. and Al Tayyar Travel Group were the top companies seeing further purchases by foreign investors. 

                                                                                               

Foreign investors raised their shareholdings in Wafa by 0.12 percent, and in Enaya and Al Tayyar by 0.09 percent and 0.07 percent, respectively.

 

Top Five Stocks Where QFIs Increased Stakes

Company

Previous stake

Current stake

Variation

Number of shares

Wafa

 12.27%

 12.39%

+0.12%

12,000

Enaya

 16.17%

 16.26%

+0.09%

9,000

Al Tayyar

 11.77%

 11.84%

+0.07%

146,755

Nama

 1.10%

 1.14%

+0.04%

9,408

Petrochem

 0.47%

 0.51%

+0.04%

192,000

 

Meanwhile, National Medical Care Co. (Care) and Abdullah A. M. Al-Khodari Sons Co. saw the highest stock sales by foreign investors, with QFIs offloading 0.22 percent and 0.13 percent of their holdings, respectively.

 

Top Five Stocks Where QFIs Offloaded Stakes

Company

Previous stake

Current stake

Variation

Number of shares

Care

16.90%

 16.68%

(0.22%)

98,670

Al-Khodari

 1.78%

 1.65%

(0.13%)

69,063

Paper Manufacturing

 1.54%

 1.46%

(0.08%)

36,000

Aljazira REIT

 1.91%

 1.84%

(0.07%)

8,260

Al Ahlia

 9.09%

 9.02%

(0.07%)

22,400

Comments 0

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website