Non-institutional foreign ownership excluding Aramco up to 10.47% last week
- Date: 26-Dec-2022
- Source: Argaam
- Sector:Oil & Gas
- Country:Saudi Arabia
Non-institutional foreign ownership excluding Aramco up to 10.47% last week
Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.47%, or SAR 285.81 billion, in the week ended Dec. 22, from 10.45% 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 1.72% of total market cap, or SAR 46.9 billion in the week ended Dec. 22, from 1.71% in the week before.
Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, dropped from 12.31% to 12.30%, or SAR 335.79 billion, for the week ended Dec. 22.
Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.83%, or SAR 50 billion, of the total foreign ownership in the Saudi market for the same week.