Non-institutional foreign ownership ex-Aramco rises to 11.4% 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 11.28% to 11.39%, or SAR 360.4 billion, in the week ended Feb. 19, 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 also rose from 2.39% to 2.41% or SAR 76.2 billion of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco climbed up from 12.72% to 12.84% (SAR 406.3 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.45% (SAR 46 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.