Non-founding foreign investments up to 2.29% last week

Tadawul trading screen

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Stock Exchange (Tadawul) to 2.29%, or SAR 222.6 billion, in the week ending June 10, compared to 2.27% in the week before, on net purchases at around SAR 741.3 million, market data showed.

Non-founding foreign investors’ ownership last week was the highest in 18 months, since Saudi Aramco’s share listing.

GCC investors' ownership in the Saudi market dropped to 0.52%, or SAR 51.1 billion, in the week ending June 10, compared to the week before.

Foreign investors’ ownership, including strategic partners, rose by 0.01% to 2.78%, or SAR 270.8 billion, for the week.

Founding foreign investors accounted for 0.49%, or SAR 48.3 billion, of the total foreign ownership in the Saudi market for the week ending June 10.