Non-institutional foreign investors ex-Aramco cut ownership in Tadawul to 9.67% last week

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.68% to 9.67%, or SAR 343.36 billion, in the week ended Feb. 13, 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, remained unchanged at 2.16% of total market cap, or SAR 76.68 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 11.13% to 11.12%, or SAR 394.95 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.45%, or SAR 51.58 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.