‎Non-institutional foreign ownership excluding Aramco up to 9.99% last week

‎Non-institutional foreign ownership excluding Aramco up to 9.99% last week

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 9.99%, or SAR 311.6 billion, in the week ended Aug. 4, from 10.16% 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 from 1.72% to 1.73% during the same week, bringing the value of their total ownership to SAR 54 billion.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, inched down to 12.1%, or SAR 377.7 billion, from 12.3%, for the week ended Aug. 4.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 2.12%, or SAR 66.1 billion, of the total foreign ownership in the Saudi market for the same week.