Qualified foreign investors (QFIs) increased their stakes in 56 Tadawul-listed firms on Monday, Feb. 12, while 48 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.

 

Al Tayyar Travel Group, MetLife AIG ANB Cooperative Insurance Co., Saudi Indian Co. for Cooperative Insurance (Wafa), and Al Hassan Ghazi Ibrahim Shaker Co. (Shaker) were among the top companies seeing further purchases by foreign investors. 

 

 Foreign investors raised their shareholdings in Al Tayyar by 0.09 percent, and in MetLife AIG ANB, Wafa, and Shaker by 0.05 percent each.

 

Top Five Stocks Where QFIs Increased Stakes

Company

Previous stake

Current stake

Variation

Number of shares

Al Tayyar

 8.75%

 8.84%

+0.09%

188,685

MetLife AIG ANB

 40.81%

 40.86%

+0.05%

8,750

Wafa

 12.64%

 12.69%

+0.05%

5,178

Shaker

 0.67%

 0.72%

+0.05%

31,500

QACO

 1.13%

 1.17%

+0.04%

12,000

 

Meanwhile, Al Ahlia for Cooperative Insurance Co. and The Mediterranean and Gulf Insurance and Reinsurance Co. (MedGulf) saw the highest stock sales by foreign investors, with QFIs offloading 0.35 percent and 0.15 percent of their holdings respectively.

 

Top Five Stocks Where QFIs Offloaded Stakes

Company

Previous stake

Current stake

Variation

Number of shares

Al Ahlia

9.33%

 8.98%

(0.35%)

112,000

MEDGULF

 10.69%

 10.54%

(0.15%)

60,000

Wataniya

 12.89%

 12.79%

(0.10%)

20,000

Gulf General

 1.99%

 1.92%

(0.07%)

14,000

Shams

 2.37%

 2.31%

(0.06%)

6,090

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Close : 36.80 | Apr 3, 15:20


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