Non-institutional foreign ownership ex-Aramco up to 11.39% last week

Tadawul trading screen

Non-institutional foreign investors raised their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 11.34% to 11.39%, or SAR 372.1 billion, in the week ended April 9, 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, decreased from 2.40% to 2.39% (SAR 78.02 billion) of total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, increased to 12.91% (SAR 421.9 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.52% (SAR 49.8 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.