Non-institutional foreign ownership ex-Aramco rises to 9.74% last week

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.72% to 9.74%, or SAR 339.8 billion, in the week ended Jan. 16, market data showed.

 

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs), while excluding the strategic stakes held by founders.

 

 

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, stabilized at 2.18% of total market cap, amounting to SAR 76.1 billion by the end of the week.

 

 

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, rose from 11.16% to 11.20%, or SAR 390.8 billion, for the week.

 

 

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.46%, or SAR 51 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.