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

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, in the week ended Dec. 7 to 9.76%, or SAR 297.4 billion, from 9.74% in the previous week, 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 2.16% to 2.17% of the total market cap, or SAR 66 billion.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, inched up to 11.19%, or SAR 340.4 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.41%, or SAR 43 billion, of the total foreign ownership in the Saudi market for the same week.