Non-institutional foreign ownership ex-Aramco drops to 10.86% last week

Tadawul trading screen

Non-institutional foreign investors lowered their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.9% to 10.86%, or SAR 330.5 billion, in the week ended Dec. 18, 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 rose from 2.35% to 2.37% (SAR 72.05 billion) of the total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, edged down from 12.4% to 12.35% (SAR 375.74 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.49% (SAR 45.23 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.