TASI: Non-institutional foreign investors ex-Aramco up ownership to 9.79%

Tadawul trading screen

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.75% to 9.79%, or SAR 325.3 billion, in the week ended April 17, 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 1.97% to 2.20% of the total market capitalization, or SAR 73.2 billion, by the end of the week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, decreased from 11.44% to 11.28%, or SAR 375 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.50%, or SAR 49.7 billion, of the total foreign ownership in the Saudi market for the same week, according to Argaam’s data.