TASI: Non-institutional foreign investors ex-Aramco raise ownership to 9.95%

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.92% to 9.95%, or SAR 333 billion, in the week ended March 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, reached 2.19% of total market cap, or SAR 73.2 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, increased from 11.42% to 11.49%, or SAR 384.4 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.54%, or SAR 51.4 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.