Non-institutional foreign ownership ex-Aramco down to 11.37% last week

Non-institutional foreign investors ownership is represented by swap holders, residents, and QFIs

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 11.43% to 11.37%, or SAR 355.2 billion, in the week ended March 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, increased from 2.38% to 2.40%, or SAR 74.9 billion of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, dropped from 12.92% to 12.87% (SAR 402 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.5% (SAR 46.7 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.