Non-founding foreign investments rise to 2.52% 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 2.52%, or SAR 263.8 billion, in the week ending Nov. 11, compared to 2.45% in the week before, market data showed.

The non-founding foreign investors’ ownership last week is considered the highest in more than 23 months, since Saudi Aramco’s listing.

GCC investors' ownership in the Saudi market remained flat at 0.49%, or SAR 51.1 billion, in the week ending Nov. 11, compared to the week before.

Foreign investors’ ownership, including strategic partners, rose by 0.08% to 3.03%, or SAR 317.5 billion, for the week.

Founding foreign investors accounted for 0.51%, or SAR 53.7 billion, of the total foreign ownership in the Saudi market for the week ending Nov. 11.