AI Summary
US stock trading hall
Saudi investors executed sell and buy transactions on US equities totaling SAR 89.7 billion in Q3 2024, reflecting an increase of approximately SAR 47.1 billion, or 111% year-on-year (YoY), the highest level in two years.
Trading by Saudis in US stocks jumped by 53%, or SAR 31.1 billion, compared to SAR 58.6 billion in Q2 2024.
The CMA report on the trading value of local authorized 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:
|
Saudi Transactions on US Equities* |
||
|
Period |
Value (SAR mln) |
YoY Change |
|
Q1 2022 |
85,896 |
+10% |
|
Q2 2022 |
147,438 |
+143% |
|
Q3 2022 |
99,497 |
+96% |
|
Q4 2022 |
50,346 |
+9% |
|
Q1 2023 |
58,841 |
(31%) |
|
Q2 2023 |
59,812 |
(59%) |
|
Q3 2023 |
42,594 |
(57%) |
|
Q4 2023 |
58,734 |
+17% |
|
Q1 2024 |
62,313 |
+6% |
|
Q2 2024 |
58,559 |
(2%) |
|
Q3 2024 |
89,661 |
+111% |
The transactions in the US market accounted for nearly 98.7% of total trading by Saudis in foreign markets during the third quarter of 2024, which reached SAR 90.9 billion.
The table below details sell and buy transactions on US equities through authorized market institutions in Q3 2024:
|
Traded Value by Authorized Market Institutions in Foreign Markets (SAR mln) |
||
|
Region |
Value |
Percentage |
|
US |
89,661 |
98.7% |
|
GCC |
813 |
0.9% |
|
European |
218 |
0.2 % |
|
Arabian |
70 |
0.1 % |
|
Asian |
46 |
0.1 % |
|
Other |
74 |
0.1 % |
|
Total |
90,882 |
100.0% |
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