Non-founding foreign investments up to 2.31% last week

Tadawul trading screen

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Exchange (Tadawul) to 2.31%, or SAR 224.5 billion, in the week ending June 17, compared to 2.29% in the week before, on net purchases at around SAR 160.9 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 remained unchanged at 0.52%, or SAR 50.6 billion, in the week ending June 17, compared to the week before.

Foreign investors’ ownership, including strategic partners, rose by 0.04% to 2.82%, or SAR 273.7 billion for the week.

Founding foreign investors accounted for 0.51%, or SAR 49.3 billion of the total foreign ownership in the Saudi market for the week ending June 17.