Foreign investors hiked stakes in 103 listed firms on June 17
20/06/2019 Argaam Special
Qualified foreign investors (QFIs) increased their stakes in 103 Tadawul-listed firms on Monday, June 17, while 38 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
Dar Al Arkan Real Estate Co. topped the list of companies seeing increased purchases by foreign investors by 0.28 percent followed by Saudi Company for Hardware (SACO) by 0.24 percent.
Meanwhile, Al Gassim Investment Holding Co. (QACO) and Malath Cooperative Insurance Co. saw the highest stock sales by foreign investors, with QFIs offloading 0.26 percent and 0.20 percent, respectively.