Non-institutional foreign ownership ex-Aramco drops to 9.65% last week

Tadawul trading screen

Non-institutional foreign investors' ownership of Tadawul-listed equities, excluding Saudi Aramco, fell from 9.66% to 9.65%, or SAR 339.2 billion, in the week ending Feb. 29, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs), but it does not include the strategic ownership of institutional investors.

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, rose from 2.02% to 2.03% of the total market capitalization, or SAR 71.5 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, and excluding Saudi Aramco, rose from 11.21% to 11.25%, or SAR 395.62 billion, for the week.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.61%, or SAR 56.4 billion, of the total foreign ownership in the Saudi market for the same week.