Foreign ownership decreased across 49 Tadawul-listed firms on Wednesday, while 45 other stocks saw increases, market data compiled by Argaam showed.
The data covered qualified foreign institutional investors (QFIs) and their approved clients, as well as swap agreements.
QFIs raised their stake in Al-Tayyar Travel Group Holding Co. by 0.03 percent to 0.04 percent. They also increased their position in National Agriculture Marketing Co. (Thimar) by 0.01 percent to 0.02 percent.
As for total foreign ownership, Jouf Cement witnessed the steepest decline in foreign ownership at 0.18 percent to 1.64 percent. Malath Cooperative Insurance and Reinsurance Co. followed with a 0.12 percent cut to 1.96 percent.
Meanwhile, Al Ahlia Cooperative Insurance saw the biggest increase in foreign ownership at 0.25 percent to 8.45 percent. Saudi Arabian Cooperative Insurance Co. (SAICO) came second with a rise of 0.20 percent to 2.97 percent.
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