TASI: Non-institutional foreign investors ex-Aramco raise ownership to 9.92%

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.84% to 9.92%, or SAR 331.8 billion, in the week ended March 6, 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 2.21% to 2.22% of total market cap, or SAR 74.1 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, increased from 11.33% to 11.41%, or SAR 381.5 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.49%, or SAR 49.7 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.