Non-institutional foreign ownership ex-Aramco above 11% for the first time last week

Ownership of non-institutional foreign investors is represented by swap holders, residents, and QFIs

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.88% to 11.03%, or SAR 336.3 billion, in the week ended Jan. 8, 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 2.43% to 2.38% (SAR 72.5 billion) of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, increased from 12.37% to 12.51% (SAR 381.4 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.48% (SAR 45.1 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.