Non-institutional foreign ownership excluding Aramco unchanged at 10.30% last week
- Date: 24-Jan-2023
- Source: Argaam
- Sector:Oil & Gas
- Country:Saudi Arabia
Non-institutional foreign ownership excluding Aramco unchanged at 10.30% last week
Non-institutional foreign investors maintained their ownership in Tadawul-listed equities, excluding Saudi Aramco, unchanged at 10.30%, or SAR 297.97 billion, in the week ended Jan. 19, market data showed.
The ownership of non-institutional foreign investors is represented by swap holders, residents and qualified foreign investors (QFIs).
GCC investors' ownership in Saudi equities, excluding Saudi Aramco, increased from 1.71% to 1.72% of total market cap, or SAR 49.8 billion, in the week ended Jan. 19.
Foreign investors’ ownership, including strategic partners in Saudi equities and excluding Saudi Aramco, dropped from 12.01% to 11.94%, or SAR 345.41 billion, for the week ended Jan. 19.
Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.64%, or SAR 47.4 billion, of the total foreign ownership in the Saudi market for the same week.