Non-institutional foreign ownership ex-Aramco down to 11.43% last week

Tadawul trading screen

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 11.47% to 11.43%, or SAR 354.7 billion, in the week ended March 5, 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, fell from 2.40% to 2.38% (SAR 73.8 billion) of the total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, plummeted from 12.96% to 12.92% (SAR 401 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.49% (SAR 46.1 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.