Non-institutional foreign ownership excluding Aramco falls to 10.23% last week
- Date: 31-Oct-2022
- Source: Argaam
- Sector:Oil & Gas
- Country:Saudi Arabia
Non-institutional foreign ownership excluding Aramco falls to 10.23% last week
Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.23%, or SAR 313.4 billion, in the week ended Oct. 27, from 10.25% in the week before, 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, rose to 1.73% of the total market cap, or SAR 53.1 billion week-on-week (WoW).
Foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, climbed to 12.04%, or SAR 369.01 billion, from 12.03%, for the week ended Oct. 27.
Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.81%, or SAR 55.6 billion, of the total foreign ownership in the Saudi market for the same week.