Saudi investors traded US stocks worth SAR 77.4 billion through capital market institutions in Q1 2021, a surge of 162%, compared with SAR 29.6 billion a year earlier.
On a quarterly basis, Saudi trading in US stocks recorded a decrease of SAR 20.8 billion in Q1 2021 compared to SAR 98.2 billion in Q4 2020, according to a report by the Capital Market Authority (CMA).
Dow Jones Industrial Average rose 7.6% in the third quarter of 2021, S&P 500 moved up 8.5%, and Nasdaq Composite gained about 11% in the same period.
Saudis’ Trading in US Stocks |
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Period |
Value (SAR mln) |
Variation |
Q1 2016 |
6896 |
-- |
Q2 2016 |
6087 |
-- |
Q3 2016 |
7138 |
+39 |
Q4 2016 |
4183 |
(45) |
Q1 2017 |
7992 |
+16 |
Q2 2017 |
7715 |
+27 |
Q3 2017 |
8497 |
+19 |
Q4 2017 |
6816 |
+63 |
Q1 2018 |
11785 |
+47 |
Q2 2018 |
11078 |
+44 |
Q3 2018 |
7204 |
(15) |
Q4 2018 |
11558 |
+70% |
Q1 2019 |
11085 |
(6) |
Q2 2019 |
6472 |
(42) |
Q3 2019 |
14682 |
+104% |
Q4 2019 |
13561 |
+17% |
Q1 2020 |
29552 |
+167% |
Q2 2020 |
81338 |
+1157% |
Q3 2020 |
114246 |
+678% |
Q4 2020 |
98229 |
+624% |
Q1 2021 |
77410 |
+162% |
Q2 2021 |
60647 |
(25%) |
Q3 2021 |
50644 |
(56%) |
Saudi investors' traded value of US stocks accounted for 97.8% of their total traded value in overseas markets, reaching SAR 51.8 billion.
Trading Values by Authorized Persons in Foreign Markets (Buy / Sell) |
||
Market |
Value (SAR mln) |
Ratio (%) |
US |
50644 |
97.8% |
GCC |
613 |
1.2% |
Europe |
217 |
0.4% |
Arabian |
198 |
0.4% |
Asian |
66 |
0.1% |
Other |
51 |
0.1% |
Total |
51789 |
100.0% |
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