Foreign ownership ex-Aramco down at 10.26% last week

Tadawul trading screen

Non-institutional foreign investors decreased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.26% (SAR 328.2 billion) in the week ended July 17, from 10.27% a week earlier, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs).

By the end of the same week, GCC investors' ownership in Saudi equities, excluding Saudi Aramco, remained unchanged at 2.16%, amounting to SAR 69.1 billion of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, contracted from 11.77% to 11.76% (SAR 376.2 billion) of the total for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.50% (SAR 48 billion) of the total foreign ownership in the Saudi market for the July 17-ended week, according to Argaam’s data.