Non-founding foreign investments rise to 1.79% last week

26/10/2020 Argaam Special

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Stock Exchange (Tadawul) to 1.79% in the week ending Oct. 22, 2020, compared to 1.77% in the previous week.

 

The ownership increase was driven by around SAR 497.6 million worth of net purchases, market data showed.

 

 

GCC investors' ownership in the Saudi market for the week remained flat at 0.47%, compared to the week before.

 

 

In addition, foreign investors’ ownership, including strategic partners, inched up 0.02% week-on-week to 2.24%.

 

Founding foreign investors accounted for 0.45% of total foreign ownership in the Saudi market for the week ending Oct. 22, 2020.

 

 

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