Non-institutional foreign ownership ex-Aramco climbs to 9.79% last week

Tadawul trading screen 

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.78% to 9.79% (SAR 327 billion) in the week ended May 1, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs).

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, rose from 2.01% to 2.19% (SAR 73.3 billion) of total market cap by the end of the same week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 11.46% to 11.23% (SAR 375 billion) of the total for the week.

Meanwhile, according to Argaam’s data, institutional foreign investors, excluding Saudi Aramco, accounted for 1.44% (SAR 48.1 billion) of the total foreign ownership in the Saudi market for the May 1-ended week.