Tadawul's market cap drops 5.2% in January

04/02/2024 Argaam Special

Tadawul trading screen


The market capitalization of the Saudi Exchange (Tadawul) fell month-on-month (MoM) by almost 5.2%, or by more than SAR 585.3 billion, to about SAR 10.67 trillion in January, according to data issued by Tadawul. 

Foreign investors' ownership accounted for 3.71% of the total market capitalization for the month, as shown below:

Ownership Value by Nationality and Investor Type (SAR bln)

Investor Type

Dec. 31, 2023

Jan. 31, 2024

Change

Saudi Investors

Retail

151.18

149.37

(1.81)

High-Net-Worth Investors

256.18

254.66

(1.52)

Individual Professional Investors

452.84

456.17

 3.33+

Individual DPMs

9.74

9.91

 0.17+

Total (Retail Investors)

869.94

870.12

 0.18+

Corporates

1304.71

1273.80

(30.91)

Mutual Funds

310.32

307.22

(3.10)

Government-Related Entities

8259.50

7714.02

(545.48)

Institutional DPMs

43.89

44.55

 0.66+

Total (Corporate Investors)

9918.41

9339.59

(578.82)

Total (Saudi Investors)

10788.34

10209.71

(578.63)

GCC Investors

Individuals

4.09

4.01

(0.08)

Institutions

65.31

64.08

(1.23)

DPMs

0.95

0.27

(0.68)

Total (GCC Investors)

70.36

68.36

(2.00)

Foreign Investors

SWAP Holders

2.66

2.44

(0.22)

Foreign Residents

17.25

16.76

(0.49)

QFIs

320.38

318.88

(1.50)

DPMs

13.90

13.46

(0.44)

Strategic Partners

46.44

44.38

(2.06)

Total (Foreign Investors)

400.62

395.92

(4.70)

Total

11259.32

10673.99

(585.33)

*Excluding corporate procedures

Ownership Ratio by Nationality and Investor Type

Investor Type

Dec. 31, 2023

Jan. 31, 2024

Change

Issued Shares

Free Float

Issued Shares

Free Float

Issued Shares

Free Float

Saudi Investors

Retail

1.34 %

5.32 %

1.40 %

5.37 %

0.06%

0.04%

High-Net-Worth Investors

2.28 %

8.94 %

2.39 %

9.07 %

0.11%

0.13%

Individual Professional Investors

4.02 %

12.22 %

4.27 %

12.32 %

0.25%

0.10%

Individual DPMs

0.09 %

0.34 %

0.09 %

0.35 %

0.01%

0.01%

Total (Retail Investors)

7.73 %

26.82 %

8.15 %

27.10 %

0.43%

0.28%

Corporates

11.59 %

31.09 %

11.93 %

31.01 %

0.35%

(0.08%)

Mutual Funds

2.76 %

8.79 %

2.88 %

8.85 %

0.12%

0.06%

Government-Related Entities

73.36 %

17.58 %

72.27 %

17.10 %

(1.09%)

(0.48%)

Institutional DPMs

0.39 %

1.30 %

0.42 %

1.34 %

0.03%

0.04%

Total (Corporate Investors)

88.09 %

58.76 %

87.50 %

58.30 %

(0.59%)

(0.46%)

Total (Saudi Investors)

95.82 %

85.58 %

95.65 %

85.40 %

(0.17%)

(0.18%)

GCC Investors

Individuals

0.04 %

0.15 %

0.04 %

0.15 %

--

--

Institutions

0.58 %

1.34 %

0.60 %

1.34 %

0.02 %

--

DPMs

0.01 %

0.03 %

--

0.01 %

(0.01%)

(0.02%)

Total (GCC Investors)

0.62 %

1.53 %

0.64 %

1.50 %

0.02 %

(0.02%)

Foreign Investors

SWAP Holders

0.02 %

0.10 %

0.02 %

0.09 %

--

(0.01%)

Foreign Residents

0.15 %

0.62 %

0.16 %

0.62 %

0.01 %

--

QFIs

2.85 %

11.67 %

2.99 %

11.89 %

0.14 %

0.22 %

DPMs

0.12 %

0.51 %

0.13 %

0.50 %

0.01 %

(0.01%)

Strategic Partners

0.41 %

--

0.42 %

--

0.01 %

--

Total (Foreign Investors)

3.56 %

12.89 %

3.71 %

13.09 %

0.15 %

0.20 %

 

Ownership Value and Ratio by Investor Classification (SAR bln)

Investor Classification 

Dec. 31, 2023

Jan. 31, 2024

Change in Ownership

Equity

Issued Shares

Free Float

Equity

Issued Shares

Free Float

Institutional

10830.62

96.19 %

84.97 %

10249.18

96.02 %

84.80 %

(581.44)

Non-Institutional

428.70

3.81 %

15.03 %

424.81

3.98 %

15.20 %

(3.89)

Total

11259.32

100 %

100 %

10673.99

100 %

100 %

(585.33)


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