Non-institutional foreign ownership excluding Aramco up to 10.21% last week
- Date: 20-Oct-2022
- Source: Argaam
- Sector:Oil & Gas
- Country:Saudi Arabia
Non-institutional foreign ownership excluding Aramco up to 10.21% last week
Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.21%, or SAR 303.14 billion, in the week ended Oct. 13, from 10.14% 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 total market cap, or SAR 51.4 billion, in the week ended Oct. 13, from 1.72% in the week before.
Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, inched up from 11.92% to 11.98%, or SAR 355.85 billion, by the end the week.
Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.77%, or SAR 52.7 billion, of the total foreign ownership in the Saudi market for the same week.