‎Non-institutional foreign investors ex-Aramco rise ownership to 10.74% last week

‎Non-institutional foreign investors ex-Aramco rise ownership to 10.74% last week

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.62% to 10.74%, or SAR 323.47 billion, in the week ended June 8, market data showed.

The ownership of non-institutional foreign investors is represented by swap agreements, residents, and qualified foreign investors (QFIs). However, it does not include the strategic ownership of institutional investors.

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, rose from 1.90% to 1.92% of the total market cap, or SAR 57.7 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, expanded from 12.17% to 12.32%, or SAR 370.91 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.58%, or SAR 47.4 billion, of the total foreign ownership in the Saudi market for the same week.