Non-institutional foreign ownership ex-Aramco rises to 10.8% last week

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.79% to 10.80%, or SAR 332.5 billion, in the week ended Nov. 27 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, increased from 2.30% to 2.31% (SAR 71.11 billion) of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, rose from 12.22% to 12.25% (SAR 377.4 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.46% (SAR 44.91 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.