Non-institutional foreign ownership excluding Aramco up to 10.36% last week
- Date: 30-Jan-2023
- Source: Argaam
- Sector:Oil & Gas
- Country:Saudi Arabia
Non-institutional foreign ownership excluding Aramco up to 10.36% last week
Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.36%, or SAR 302.43 billion, in the week ended Jan. 26, from 10.30% 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 week-on-week (WoW) from 1.72% to 1.73% of the total market cap, or SAR 50.5 billion.
Foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, climbed to 11.97 %, or SAR 349.38 billion, from 11.94%, for the week ended Jan. 26.
Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.61%, or SAR 46.9 billion, of the total foreign ownership in the Saudi market for the same week.