Non-institutional foreign ownership ex-Aramco rises to 9.74% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.74%, or SAR 291.4 billion, in the week ended Nov. 23, 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 2.22% to 2.23% of the total market cap, or SAR 66.8 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, inched up from 11.18% to 11.19%, or SAR 334.7 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.45%, or SAR 43.3 billion, of the total foreign ownership in the Saudi market for the same week.