Tadawul: QFIs net buyers by SAR 1.7B in Q1 2024, Saudis net sellers of SAR 5.7B

08/04/2024 Argaam Special

Tadawul: QFIs net buyers by SAR 1.7B in Q1 2024, Saudis net sellers of SAR 5.7B

Tadawul trading screen


Qualified foreign investors (QFIs) were net purchasers of SAR 1.73 billion worth of stocks on the Saudi Exchange (Tadawul) in Q1 2024, down 1% year-on-year (YoY) from SAR 1.75 billion, according to data issued by Tadawul.

 

QFIs bought a total of SAR 133.12 billion worth of shares and sold some others at a total value of SAR 131.38 billion in the three-month period.

 

QFIs include SWAP holders, qualified investors, resident investors, discretionary portfolio management (DPMs) and strategic partners.

 

February recorded the highest value of net foreign purchases of SAR 1.98 billion. The table below shows the value of shares traded by foreign investors in the Saudi market during Q1 2024:

 

Foreign Investors Trading Value in Q1 2024

Month

Purchases

(SAR bln)

Sales

(SAR bln)

Net traded value

(SAR bln)

Q1 2023

Q1 2024

Q1 2023

Q1 2024

Q1 2023

Q1 2024

January

18.54

42.15

17.49

42.54

+1.04

(0.39)

February

17.17

44.67

16.72

42.69

+0.46

+1.98

March

22.04

46.30

21.80

46.15

+0.25

+0.14

Total

57.75

133.12

56.01

131.38

+1.75

+1.73

 

Net sales of Saudi individuals among all categories amounted to SAR 5.71 billion in Q1 2024, compared to SAR 0.46 billion a year earlier.

 

Net purchases by Saudi investors stood at SAR 360.48 billion, against net sales worth SAR 366.17 billion.

 

Saudi investors include retail, high-net-worth and individual professional investors as well as individual DPMs.

 

February recorded the highest net retail sales of SAR 4.51 billion during the three-month period, as follows:

 

Saudi Individuals Trading Value in Q1 2024

Month

Purchases

(SAR bln)

Sales

(SAR bln)

Net traded value

(SAR bln)

Q1 2023

Q1 2024

Q1 2023

Q1 2024

Q1 2023

Q1 2024

January

62.02

122.74

61.34

124.36

+0.69

(1.62)

February

46.38

113.58

44.68

118.08

+1.70

(4.51)

March

66.47

124.16

69.32

123.73

(2.85)

+0.42

Total

174.87

360.48

175.34

366.17

(0.46)

(5.71)

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