‎Non-institutional foreign ownership excluding Aramco rises to 9.97% last week

‎Non-institutional foreign ownership excluding Aramco rises to 9.97% last week

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.97%, or SAR 293.3 billion, in the week ended Sept. 21, from 9.93% 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 1.75% of the total market cap, or SAR 51.5 billion week-on-week (WoW).

Foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, climbed to 12.04%, or SAR 355.14 billion, from 12.03%, for the week ended Sept. 21.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 2.10%, or SAR 61.8 billion, of the total foreign ownership in the Saudi market for the same week.