Non-institutional foreign ownership ex-Aramco up to 9.4% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, in the week ended May 9 to 9.40% of the total market value, or SAR 325.6 billion, from 9.36% in the previous week, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs).

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, declined to 2.03%, or SAR 70.3 billion, from 2.06%, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, grew from 10.99% to 11.01%, or SAR 381.2 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.61%, or SAR 55.6 billion of the total foreign ownership in the Saudi market for the same week.