Non-institutional foreign ownership excluding Aramco up to 10.55% last week
- Date: 05-Dec-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Non-institutional foreign ownership excluding Aramco up to 10.55% last week
Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.55%, or SAR 298.75 billion, in the week ended Dec. 1, from 10.54% 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 1.76% of total market cap, or SAR 49.7 billion in the week ended Dec. 1, from 1.74% in the week before.
Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, dropped from 12.44% to 12.39%, or SAR 350.79 billion, for the week ended Dec. 1.
Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.84%, or SAR 52 billion, of the total foreign ownership in the Saudi market for the same week.