Non-institutional foreign ownership ex-Aramco down to 9.31% last week

Tadawul trading screen

Non-institutional foreign investors decreased their ownership in Tadawul-listed equities, excluding Saudi Aramco, in the week ended May 16 to 9.31% of the total market value, or SAR 320.3 billion, from 9.40% 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, fell to 2.01%, or SAR 69.1 billion, from 2.03%, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, retreated from 11.01% to 10.90%, or SAR 374.85 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.59%, or SAR 54.6 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam calculations.