Saudi trades in US equities plunge 48% to SAR 39.9 bln in Q1 2022

27/05/2022 Argaam Special
US market trading floor

US market trading floor


Saudi investors executed sell and buy transactions on US equities at a total value of SAR 39.94 billion through capital market institutions in Q1 2022, a drop of 48% from SAR 77.41 billion in Q1 2021.

 

Accordingly, Saudi trades in US stocks witnessed the first annual decline in years.

 

Saudi trades in US stocks through capital market institutions recorded a decline of SAR 6.3 billion from SAR 46.21 billion in the fourth quarter of 2021, the Saudi market regulator said in a report.

 

The CMA report on the trading value of local brokers in the global markets does not include either details of the number of Saudi portfolios abroad, the number of investors trading directly through foreign brokers, or their trading volumes.

 

The following table shows Saudi transactions on US equities since Q1 2016 :

 

Saudi Transactions on US Equities

Period

Value (SAR mln)

YoY Change

Q1 2016

6896

--

Q2 2016

6087

--

Q3 2016

7138

+39%

Q4 2016

4183

(45%)

Q1 2017

7992

+16%

Q2 2017

7715

+27%

Q3 2017

8497

+19%

Q4 2017

6816

+63%

Q1 2018

11785

+47%

Q2 2018

11078

+44%

Q3 2018

7204

(15%)

Q4 2018

11558

+70%

Q1 2019

11085

(6%)

Q2 2019

6472

(42%)

Q3 2019

14682

+104%

Q4 2019

13561

+17%

Q1 2020

29552

+167%

Q2 2020

81338

+1157%

Q3 2020

114246

+678%

Q4 2020

98229

+624%

Q1 2021

77410

+162%

Q2 2021

60647

(25%)

Q3 2021

50644

(56%)

Q4 2021

46206

(53%)

Q1 2022

39945

(48%)

 
 

The Saudi transactions in the US market accounted for nearly 91.5% of total trading in foreign markets, which stood at SAR 43.65 billion.

 

Traded Value by Authorized Market Institutions in Foreign Markets (SAR mln)

Market

Value

Percentage

US

39945

91.5 %

GCC

1822

4.2 %

European

311

0.7 %

Arabian

159

0.4 %

Asian

15

0.1 %

Other

1394

3.2 %

Total

43646

100.0%

 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read