Qualified foreign investors (QFIs) increased their stakes in 52 Tadawul-listed firms on Monday, July 23, while 43 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.

 

Saudi Indian Cooperative Insurance Co. (Wafa), Saudi Enaya Cooperative Insurance Co. and Saudi Automotive Services Co. (SASCO) were the top companies seeing further purchases by foreign investors. 

 

Foreign investors raised their shareholdings in Wafa by 0.19 percent, and in Enaya and SASCO by 0.16 percent and 0.13 percent, respectively.

 

Top Five Stocks Where QFIs Increased Stakes

Company

Previous stake

Current stake

Variation

Number of shares

Wafa

 12.04%

 12.23%

+0.19%

19,000

Enaya

 15.88%

 16.04%

+0.16%

16,000

SASCO

 2.44%

 2.57%

+0.13%

78,000

Aljazira REIT

 1.84%

 1.95%

+0.11%

12,980

Al Sorayai

 3.04%

 3.11%

+0.07%

15,750

 

Meanwhile, AXA Cooperative Insurance Co. and Saudi Kayan Petrochemical Co. saw the highest stock sales by foreign investors, with QFIs offloading 0.42 percent and 0.12 percent of their holdings, respectively.

 

Top Five Stocks Where QFIs Offloaded Stakes

Company

Previous stake

Current stake

Variation

Number of shares

AXA

25.77%

 25.35%

(0.42%)

189,000

Kayan

 2.99%

 2.87%

(0.12%)

1,800,000

Amana

 4.31%

 4.19%

(0.12%)

16,800

Salama

 8.29%

 8.19%

(0.10%)

25,000

Alandalus

 0.65%

 0.58%

(0.07%)

49,000

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0028.0028.5029.0029.50
Close : 28.80 | Apr 10, 15:20

Quotes

Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0028.0028.5029.0029.50
Close : 28.80 | Apr 10, 15:20


Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website