Non-institutional foreign ownership ex-Aramco rises to 10.64% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.61% to 10.64%, or SAR 361 billion, in the week ended Oct. 9, 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 2.22% to 2.21% (SAR 74.83 billion) of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 12.13% to 12.07% (SAR 409.3 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.42% (SAR 48.2 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.