‎Non-institutional foreign ownership excluding Aramco rises to 9.93% last week

‎Non-institutional foreign ownership excluding Aramco rises to 9.93% last week

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.93%, or SAR 302.2 billion, in the week ended Sept. 15, from 9.91% 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 1.74% of the total market cap, or SAR 52.9 billion week-on-week (WoW).

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, climbed to 12.03%, or SAR 365.83 billion, from 11.98%, for the week ended Sept. 15.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 2.09%, or SAR 63.7 billion, of the total foreign ownership in the Saudi market for the same week.