Non-institutional foreign ownership ex-Aramco rises to 10.35% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.29% to 10.35%, or SAR 327.5 billion, in the week ended July 31, 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 2.18% (SAR 69 billion) of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, increased from 11.80% to 11.84% (SAR 374.9 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.50% (SAR 47.4 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.