Non-institutional foreign ownership ex-Aramco rises to 9.94% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.91% to 9.94% (SAR 313.6 billion) in the week ended May 29, 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 from 2.15% to 2.20% (SAR 69.4 billion) of total market cap by the end of the same week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, increased from 11.41% to 11.47% (SAR 362 billion) of the total for the week.

Meanwhile, according to Argaam’s data, institutional foreign investors, excluding Saudi Aramco, accounted for 1.54% (SAR 48.5 billion) of the total foreign ownership in the Saudi market in the week to May 29.