Non-institutional foreign ownership ex-Aramco declines to 9.75% last week

Tadawul trading screen

Non-institutional foreign investors ownership in Tadawul-listed equities, excluding Saudi Aramco, declined from 9.83% to 9.75%, or SAR 321.67 billion, in the week ended April 10, market data showed.

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

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, shed from 2.17% to 1.97% of total market cap, amounting to SAR 64.8 billion by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, increased from 11.37% to 11.44%, or SAR 377.3 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.69%, or SAR 55.7 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.