‎Non-institutional foreign ownership excluding Aramco rose to 10.58% last week

‎Non-institutional foreign ownership excluding Aramco rose to 10.58% last week

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.53% to 10.58% (SAR 339.24 billion) in the week ended July 20, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, 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, remained unchanged at 1.90% of total market cap, or SAR 60.90 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, and excluding Saudi Aramco, rose from 12.09% to 12.14%, or SAR 389.39 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.56%, or SAR 50.1 billion, of the total foreign ownership in the Saudi market for the same week.