Non-institutional foreign ownership ex-Aramco rises to 9.48% last week

Tadawul trading screen

Non-institutional foreign investors raised their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.40% to 9.48%, or SAR 327.82 billion, in the week ended Dec. 12, 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, rose to 2.22% of total market cap, or SAR 76.66 billion, by the end of last week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, grew from 10.81% to 10.90%, or SAR 376.9 billion.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.42%, or SAR 49.1 billion, of the total foreign ownership in the Saudi market for the last week, according to Argaam’s data.