Non-founding foreign investments up to 1.73% last week

12/10/2020 Argaam Special


Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Stock Exchange (Tadawul) to 1.73% in the week ending Oct. 8, 2020, compared to 1.71% in the previous week, on around SAR 573.4 million worth of net purchases, market data showed.

GCC investors' ownership in the Saudi market for the week rose to 0.47%, compared to 0.46% in the week before.

In addition, foreign investors’ ownership, including strategic partners, inched up 0.02% week-on-week to 2.18%.

Founding foreign investors accounted for 0.45% of the total foreign ownership in the Saudi market for the week ending Oct. 8, 2020.

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