Non-institutional foreign ownership ex-Aramco rises to 10.3% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.29% to 10.30%, or SAR 319.17 billion, in the week ended Sept. 4, 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, dropped from 2.25% to 2.23% (SAR 69.21 billion) of the total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 11.81% to 11.78% (SAR 365.07 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.48% (SAR 45.9 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.