Qualified foreign investors (QFIs) increased their stakes in 47 Tadawul-listed firms on Wednesday, March 7, while 36 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.
Bupa Arabia Cooperative Insurance Co., United Electronics Co. (eXtra) and National Medical Care Co. (Care) were the top companies seeing further purchases by foreign investors.
Foreign investors raised their shareholdings in Bupa Arabia by 0.16 percent, and in eXtra and Care by 0.15 percent and 0.14 percent, respectively.
|
Top Five Stocks Where QFIs Increased Stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Bupa Arabia |
41.41% |
41.57% |
+0.16% |
128,000 |
|
eXtra |
6.89% |
7.04% |
+0.15% |
63,000 |
|
Care |
9.99% |
10.13% |
+0.14% |
62,790 |
|
AXA |
23.80% |
23.89% |
+0.09% |
40,500 |
|
Herfy |
9.83% |
9.92% |
+0.09% |
58,212 |
Meanwhile, Alandalus Property Co. and Saudi Industrial Exports Co. (SIECO) saw the highest stock sales by foreign investors, with QFIs offloading 0.23 and 0.22 percent of their holdings, respectively.
|
Top Five Stocks Where QFIs Offloaded Stakes |
||||
|
Company |
Previous stake |
Current stake |
Variation |
Number of shares |
|
Alandalus |
1.45% |
1.22% |
(0.23%) |
161,000 |
|
SIECO |
1.79% |
1.57% |
(0.22%) |
2,376 |
|
Al Tayyar |
10.60% |
10.44% |
(0.16%) |
335,440 |
|
SARCO |
1.90% |
1.77% |
(0.13%) |
19,500 |
|
Wataniya |
12.35% |
12.22% |
(0.13%) |
26,000 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}