AI Summary
Qualified foreign investors (QFIs) increased their stakes in 56 Tadawul-listed firms on Monday, July 2, while 49 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
Mulkia REIT Fund, Aldrees Petroleum & Transport Services Co. and Ash-Sharqiyah Development Co. were the top companies seeing further purchases by foreign investors.
Foreign investors raised their shareholdings in Mulkia REIT by 0.19 percent, and in Aldrees and Ash-Sharqiyah by 0.14 percent and 0.13 percent, respectively.
|
Top Five Stocks Where QFIs Increased Stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Mulkia REIT |
0.49% |
0.68% |
+0.19% |
114,000 |
|
Aldrees |
1.96% |
2.10% |
+0.14% |
70,000 |
|
Ash-Shaqrqiyah |
0.71% |
0.84% |
+0.13% |
9,750 |
|
Kayan |
2.72% |
2.81% |
+0.09% |
1,350,000 |
|
Thimar |
1.37% |
1.45% |
+0.08% |
8,000 |
Meanwhile, Malath Cooperative Insurance Co. and Amana Cooperative Insurance Co. saw the highest stock sales by foreign investors, with QFIs offloading 0.33 percent and 0.24 percent of their holdings, respectively.
|
Top Five Stocks Where QFIs Offloaded Stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Malath |
21.86% |
21.53% |
(0.33%) |
165,000 |
|
Amana |
4.96% |
4.72% |
(0.24%) |
33,600 |
|
Enaya |
15.91% |
15.74% |
(0.17%) |
17,000 |
|
Tihama |
1.82% |
1.72% |
(0.10%) |
7,500 |
|
Musharaka REIT |
0.37% |
0.29% |
(0.08%) |
70,400 |
Be the first to comment
Comments Analysis: