Foreign investment holdings in Tadawul reach all-time high

08/04/2019 Argaam Special

 

Foreign investors – including strategic partners – boosted their ownership in the Saudi Stock Exchange (Tadawul) to an all-time high of 5.47 percent in the week ending April 4, 2019, new market data show.

 

Ownership of non-founding foreign investors – namely swap holders, residents, Qualified foreign investors (QFIs) – also hit a lifetime high of 2.23 percent in the same week

 

Founding foreign investors accounted for 3.24 percent of total foreign ownership in the same period.

 

On the other hand, GCC investors’ ownership accounted for 2.02 percent of total market capitalization in the week ending on April 4.

 

GCC investors' ownership saw a gradual decrease in 2017 to 2.40 percent in April, ahead of dropping to 2.06 percent in average last year.

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