Non-institutional foreign investments, excluding Aramco, up to 9.7% last week
- Date: 21-Mar-2022
- Source: Argaam
- Sector:Economy
- Country:Saudi Arabia
Non-institutional foreign investments, excluding Aramco, up to 9.7% last week
Non-institutional foreign investors – namely swap holders, residents and qualified foreign investors (QFIs), excluding Saudi Aramco – increased their ownership in the Saudi Exchange (Tadawul) to 9.70%, or SAR 312.5 billion, in the week ending March 17, compared to 9.56% in the week before, market data showed.
GCC investors' ownership in the Saudi market rose to 1.85%, or SAR 59.9 billion, in the week ending March 17, compared to the week before.
Foreign investors’ ownership, including strategic partners, and excluding Saudi Aramco, increased by 0.14% to 11.53%, or SAR 371.5 billion, for the week.
Institutional foreign investors, excluding Saudi Aramco, accounted for 1.83%, or SAR 59 billion, of the total foreign ownership in the Saudi market for the week ending March 17.