Non-institutional foreign ownership ex-Aramco down to 9.68% last week

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.71% to 9.68% (SAR 343.55 billion) in the week ended Jan. 30, 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, remained unchanged at 2.16% (SAR 76.7 billion) of total market cap by the end of the same week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 11.17% to 11.14% (SAR 395.4 billion) of the total for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.46% (SAR 51.8 billion) of the total foreign ownership in the Saudi market for the Jan. 30-ended week, according to Argaam’s data.