Non-founding foreign investments decline to 1.65% last week

17/02/2020 Argaam Special

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – cut their ownership in the Saudi Stock Exchange (Tadawul) to 1.65% in the week ending Feb. 13, 2020, from 1.66% in the previous week, on net sales worth SAR 2.32 billion, market data showed.

GCC investors' ownership in the Saudi market decreased for the week to 0.48%, compared to 0.50% in the previous week.

Foreign investors’ ownership, including strategic partners, dropped by 0.02% to 2.17%, compared to 2.19% in the previous week.

Founding foreign investors accounted for 0.52% of the total foreign ownership in the Saudi market for the week ending Feb. 13, 2020.


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