Foreign investors hiked stakes in 66 listed firms on Sept. 25
30/09/2018 Argaam Special
Qualified foreign investors (QFIs) increased their stakes in 66 Tadawul-listed firms on Tuesday, Sept. 25, while 33 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
Saudi Company for Hardware (SACO) topped the list of companies seeing increased purchases by foreign investors by 0.18 percent, followed by Salama Cooperative Insurance Co. at 0.13 percent.
Meanwhile, Al Tayyar Travel Group and United International Transportation Co. Ltd. (Budget Saudi) saw the highest stock sales by foreign investors, with QFIs offloading 0.90 percent and 0.16 percent, respectively.