Foreign investors hiked stakes in 83 listed firms on April 30

03/05/2018 Argaam Special

 

Qualified foreign investors (QFIs) increased their stakes in 83 Tadawul-listed firms on Monday, April 30, while 38 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.

 

National Medical Care Co. (Care), Al Khaleej Training and Education Co. and Al Tayyar Travel Group were the top companies seeing further purchases by foreign investors. 

 

Foreign investors raised their shareholdings in Care by 0.28 percent, in Al Khaleej Training by 0.18 percent and in Al Tayyar by 0.16 percent.

 

Top Five Stocks Where QFIs Increased Stakes

Company

Previous stake

Current stake

Variation

Number of shares

Care

14.79%

 15.07%

+0.28%

125,580

Al Khaleej Training

7.01%

 7.19%

+0.18%

81,000

Al Tayyar

 11.33%

 11.49%

+0.16%

335,440

Shams

 1.31%

 1.44%

+0.13%

13,195

Al Sorayai

 1.43%

 1.55%

+0.12%

27,000

 

Meanwhile, Etihad Atheeb Telecommunication Co. (GO) and Al Ahlia For Cooperative Insurance Co. saw the highest stock sales by foreign investors, with QFIs offloading 0.18 and 0.15 percent of their holdings, respectively.

 

Top Five Stocks Where QFIs Offloaded Stakes

Company

Previous stake

Current stake

Variation

Number of shares

GO

 1.74%

 1.56%

(0.18%)

85,050

Al Ahlia

 9.47%

 9.32%

(0.15%)

48,000

Al Khodari

 1.59%

 1.50%

(0.09%)

47,813

SAICO

 1.35%

 1.28%

(0.07%)

17,500

Aljazira REIT

 2.08%

 2.01%

(0.07%)

8,260

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