Saudi Arabia’s stock market capitalization slipped 1.25 percent week-on-week to SAR 1.65 trillion in the week to Feb. 23, according to weekly data released by the Saudi Stock Exchange (Tadawul).
The total value of shares traded increased by 2.02 percent to SAR 18.38 billion last week.
Saudi investors bought SAR 17.48 billion worth of shares, or 95.08 percent of the total buying transactions. They sold SAR 17.59 billion in shares, or 95.66 percent of the selling transactions.
Saudi citizens’ ownership of total market capitalization edged down 0.04 percent, accounting for 93.47 percent of total market capitalization last week.
GCC investors bought SAR 395 million in shares, or 2.15 percent of the total buying volume. They sold SAR 280 million in shares, or 1.52 percent of the selling transactions.
GCC investors’ ownership grew by 0.03 percent to 2.40 percent of the market capitalization last week.
Meanwhile, foreign investors bought SAR 509 million in shares, representing 2.77 percent of the total. They sold SAR 517 million in shares, or 2.81 percent of total selling activities.
Foreign ownership of Saudi stocks increased by 0.004 percent to 4.13 percent of the total market capitalization by the end of the trading week.
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