Non-founding foreign investments decline to 1.76% last week

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – cut their ownership in the Saudi Stock Exchange (Tadawul) to 1.76% in the week ending Nov. 5, 2020, compared to 1.77% in the previous week, market data showed.

GCC investors' ownership in the Saudi market for the week remained unchanged at 0.46%, compared to the week before.

In addition, foreign investors’ ownership, including strategic partners, inched down 0.02% week-on-week to 2.18%.

Founding foreign investors accounted for 0.42% of the total foreign ownership in the Saudi market for the week ending Nov. 5, 2020.

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