Saudi trades in US equities fall 55% to SAR 22.8 bln in Q3 2022

16/12/2022 Argaam Special
US stock trading hall

US stock trading hall


Saudi investors executed sell and buy transactions on US equities at a total value of SAR 22.81 billion through capital market institutions in Q3 2022, a fall of 55% compared with a year earlier.

 

These are the lowest Saudi trades in US equities since Q4 2019, when they reached SAR 13.6 billion.

 

Saudi trades in US stocks through capital market institutions recorded a decline of SAR 48.2 billion from SAR 71.04 billion in Q2 2022, the Capital Market Authority (CMA) said in a report.

 

The CMA report on the trading value of local brokers in the global markets does not include either details of the number of Saudi portfolios abroad, the number of investors trading directly through foreign brokers or their trading volumes.

 

The following table shows Saudi transactions on US equities since Q1 2016:

 

Saudi Transactions on US Equities

Period

Value

(SAR mln)

YoY Change 

Q1 2016

6896

--

Q2 2016

6087

--

Q3 2016

7138

+39%

Q4 2016

4183

(45%)

Q1 2017

7992

+16%

Q2 2017

7715

+ 27%

Q3 2017

8497

+19%

Q4 2017

6816

+63%

Q1 2018

11785

+47%

Q2 2018

11078

+44%

Q3 2018

7204

(15%)

Q4 2018

11558

+70%

Q1 2019

11085

(6%)

Q2 2019

6472

(42%)

Q3 2019

14682

+104%

Q4 2019

13561

+17%

Q1 2020

29552

+167%

Q2 2020

81338

+1157%

Q3 2020

114246

+678%

Q4 2020

98229

+624%

Q1 2021

77410

+162%

Q2 2021

60647

(25%)

Q3 2021

50644

(56%)

Q4 2021

46206

(53%)

Q1 2022

39945

(48%)

Q2 2022

71040

+17%

Q3 2022

22808

(55%)

 
 

Saudi transactions in the US market accounted for nearly 85% of total trading in foreign markets, which stood at SAR 26.96 billion, the Saudi market regulator added.

 

The table below indicates sell and buy transactions on US equities executed by Saudi investors through authorized market institutions in foreign markets in Q3 2022:

 

Traded Value by Authorized Market Institutions in Foreign Markets (SAR mln)

Period

Value

Percentage

US

22807.64

84.6%

GCC

788.67

2.9%

European

133.91

0.5%

Arabian

59.27

0.2%

Asian

13.64

0.1%

Other

3157.93

11.7%

Total

26961.06

100%

 

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