Non-founding foreign investments up to 2.09% last week

05/04/2021 Argaam Special

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Stock Exchange (Tadawul) to 2.09% in the week ending April 1, 2021, compared to 2.02% in the week before, on net purchases worth SAR 1.3 billion, market data showed.

 

Non-founding foreign investors’ ownership last week is the highest in 16 months, since the listing of Saudi Aramco’s shares.

 

 

GCC investors' ownership in the Saudi market rose to 0.53% for the week, compared to the week before.

 

 

Foreign investors’ ownership, including strategic partners, increased by 0.07% to 2.54% for the week.

 

 

Founding foreign investors accounted for 0.45% of the total foreign ownership in the Saudi market for the week ending April 1, 2021.

 

 

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