Non-institutional foreign ownership ex-Aramco dropped to 10.79% last week

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.79%, or SAR 309.02 billion, in the week ended Oct. 19, 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, decreased from 2.19% to 2.17% of total market cap, or SAR 62.1 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, decreased from 12.32% to 12.23%, or SAR 350.16 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.44%, or SAR 41.1 billion, of the total foreign ownership in the Saudi market for the same week.