TASI: Non-institutional foreign investors ex-Aramco raise ownership to 9.76%

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.67% to 9.76%, or SAR 345.26 billion, in the week ended Feb. 20, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents and qualified foreign investors (QFIs).

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, rose from 2.16% to 2.21% of total market cap, or SAR 78.1 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, increased from 11.12% to 11.24%, or SAR 397.65 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.48%, or SAR 52.4 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.