Non-institutional foreign ownership excluding Aramco rises to 9.97% last week
- Date: 26-Sep-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
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.