Non-institutional foreign investments, excluding Aramco, up to 9.83% last week
- Date: 28-Mar-2022
- Source: Argaam
- Sector:Economy
- Country:Saudi Arabia
Non-institutional foreign investments, excluding Aramco, up to 9.83% 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 9.83%, or SAR 324.3 billion, in the week ending March 24, compared to 9.7% in the week before, market data showed.
GCC investors' ownership in the Saudi market dropped to 1.82%, or SAR 60 billion, in the week ending March 24, compared to the week before.
Foreign investors’ ownership, including strategic partners, and excluding Saudi Aramco, increased by 0.15% to 11.68%, or SAR 385.5 billion, for the week.
Institutional foreign investors, excluding Saudi Aramco, accounted for 1.85%, or SAR 61.2 billion, of the total foreign ownership in the Saudi market for the week ending March 24.