Non-founding foreign investments retreat to 2.44% last week

Tadawul trading screen

Non-founding foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – decreased their ownership in the Saudi Exchange (Tadawul) to 2.44%, or SAR 238.7 billion, in the week ending Sept. 22, compared to 2.46% in the week before, on net sales at SAR 63.7 million, market data showed.

GCC investors' ownership in the Saudi market remained unchanged at 0.51%, or SAR 49.9 billion, in the week ending Sept. 22, compared to the week before.

Foreign investors’ ownership, including strategic partners, inched down by 0.02% to 2.97%, or SAR 290.3 billion, for the week.

Founding foreign investors accounted for 0.53%, or SAR 51.7 billion, of the total foreign ownership in the Saudi market for the week ending Sept. 22.