Non-institutional foreign ownership ex-Aramco rises to 10.81% last week

Tadawul trading display showing stock movements

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.80% to 10.81%, or SAR 332.8 billion, in the week ended Dec. 4, 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 2.31% to 2.39% (SAR 73.45 billion) of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, rose from 12.25% to 12.27% (SAR 377.6 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.46% (SAR 44.84 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.