Non-institutional foreign ownership ex-Aramco down to 9.78% last week

Tadawul trading screen 

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 9.79% to 9.78% (SAR 331.9 billion) in the week ended April 24, 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, dropped from 2.20% to 2.01% (SAR 68.1 billion) of total market cap by the end of the same week.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, rose from 11.28% to 11.46% (SAR 388.7 billion) of the total for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.67% (SAR 56.8 billion) of the total foreign ownership in the Saudi market for the April 24-ended week, according to Argaam’s data.