Non-institutional foreign investors ex-Aramco increase ownership to 10.59% last week
- Date: 16-May-2023
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Non-institutional foreign investors ex-Aramco increase ownership to 10.59% last week
Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.55% to 10.59%, or SAR 324.56 billion, in the week ended May 11, 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, remained unchanged at 1.88% of total market cap, or SAR 57.5 billion, by the end of the week.
Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, rose from 12.07% to 12.20%, or SAR 373.86 billion, for the week.
Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.61%, or SAR 49.3 billion, of the total foreign ownership in the Saudi market for the same week.