Non-institutional foreign ownership ex-Aramco down to 11.28% last week

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs)

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 11.30% to 11.28%, or SAR 368.8 billion, in the week ended Feb. 12, market data showed.

The ownership of non-institutional foreign investors is represented by individuals, institutions, swap agreements, and managed portfolios but does not include the strategic stakes of founders.

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, remained unchanged at 2.39% (SAR 78.1 billion) of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, plummeted from 12.79% to 12.72% (SAR 415.9 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.44% (SAR 47.1 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.