Non-institutional foreign ownership ex-Aramco rose to 9.76% last week

Tadawul trading screen

Non-institutional foreign investors raised their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.76%, or SAR 284.3 billion, in the week ended Nov. 9, 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, increased from 2.18% to 2.22% of the total market cap, or SAR 64.7 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, rose from 11.23% to 11.24%, or SAR 327.5 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.49%, or SAR 43.3 billion, of the total foreign ownership in the Saudi market for the same week.