‎Non-institutional foreign ownership excluding Aramco down to 9.6% last week

‎Non-institutional foreign ownership excluding Aramco down to 9.6% last week

Non-institutional foreign ownership excluding Aramco down to 9.6% last week

Tadawul trading screen

Non-institutional foreign investors’ ownership in Tadawul-listed equities, excluding Saudi Aramco, declined in the week ended March 7 to 9.60%, or SAR 336.8 billion, from 9.65% in the week earlier, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs). However, it does not include the strategic ownership of institutional investors.

GCC investors’ ownership in Saudi equities, excluding Saudi Aramco, rose from 2.03% to 2.04% of the total market capitalization, or SAR 71.5 billion, by the end of the week.

Foreign investors’ ownership, including strategic partners, in Saudi equities, and excluding Saudi Aramco, fell from 11.25% to 11.22%, or SAR 393.6 billion, for the week.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.62%, or SAR 56.8 billion, of the total foreign ownership in the Saudi market for the same week.

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