Non-institutional foreign ownership ex-Aramco unchanged at 9.7% last week

Tadawul trading screen

Non-institutional foreign investors maintained their ownership in Tadawul-listed equities, excluding Saudi Aramco, at 9.70%, or SAR 333.7 billion, in the week ended Jan. 2, 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, increased from 2.21% to 2.27% of total market cap, or SAR 78.2 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, declined from 11.15% to 11.14%, or SAR 383.18 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.44%, or SAR 49.4 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.