Non-institutional foreign ownership excluding Aramco up to 10.25% last week
- Date: 24-Oct-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Non-institutional foreign ownership excluding Aramco up to 10.25% last week
Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.25%, or SAR 318.9 billion, in the week ended Oct. 20, from 10.21% 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, dropped to 1.71% of total market cap, or SAR 53.3 billion in the week ended Oct. 20, from 1.73% in the week before.
Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, inched up from 11.98% to 12.03%, or SAR 374.4 billion, for the week ended Oct. 20.
Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.79%, or SAR 55.6 billion, of the total foreign ownership in the Saudi market for the same week.