Non-institutional foreign ownership ex-Aramco up to 9.35% last week

Tadawul trading screen

Non-institutional foreign investors raised their ownership in Tadawul-listed equities, excluding Saudi Aramco, in the week ended Aug. 22 to 9.35% of the total market value, or SAR 324.55 billion, from 9.34% in the previous week, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs).

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, dropped to 2.25%, or SAR 78.2 billion, from 2.27%, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, decreased from 10.85% to 10.81%, or SAR 375.3 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.46%, or SAR 50.72 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam calculations.