US stock trading hall
Saudi investors executed sell and buy transactions on US equities at a total value of SAR 13.7 billion through capital market institutions in Q3 2023, a year-on-year (YoY) fall of SAR 9.15 billion, or 40%.
Trading by Saudis in the American market during the quarter hit the lowest since Q4 2019, which was at SAR 13.6 billion.
Saudi trades in US stocks through capital market institutions recorded an 8% decline of SAR 1.14 billion from SAR 14.8 billion in Q2 2023, the Capital Market Authority (CMA) said in a report.
The CMA report on the trading value of local brokers in the global markets does not include either details of the number of Saudi portfolios abroad, the number of investors trading directly through foreign brokers or their trading volumes.
The following table shows Saudi transactions on US equities since Q1 2016:
Saudi Transactions on US Equities
Period
Value
(SAR mln)
YoY Change
Q1 2016
6896
—
Q2 2016
6087
—
Q3 2016
7138
+39%
Q4 2016
4183
(45%)
Q1 2017
7992
+16%
Q2 2017
7715
+ 27%
Q3 2017
8497
+19%
Q4 2017
6816
+63%
Q1 2018
11785
+47%
Q2 2018
11078
+44%
Q3 2018
7204
(15%)
Q4 2018
11558
+70%
Q1 2019
11085
(6%)
Q2 2019
6472
(42%)
Q3 2019
14682
+104%
Q4 2019
13561
+17%
Q1 2020
29552
+167%
Q2 2020
81338
+1157%
Q3 2020
114246
+678%
Q4 2020
98229
+624%
Q1 2021
77410
+162%
Q2 2021
60647
(25%)
Q3 2021
50644
(56%)
Q4 2021
46206
(53%)
Q1 2022
39945
(48%)
Q2 2022
71040
+17%
Q3 2022
22808
(55%)
Q4 2022
14407
(69%)
Q1 2023
20238
(49%)
Q2 2023
14789
(79%)
Q3 2023
13654
(40%)
The transactions in the US market accounted for nearly 75.2% of total trading by Saudis in foreign markets, which stood at SAR 18.2 billion, the market regulator added.
The table below highlights sell and buy transactions on US equities executed by Saudi investors through authorized market institutions in foreign markets in Q3 2023:
Traded Value by Authorized Market Institutions in Foreign Markets (SAR mln)
Region
Value
Percentage
US
13654.4
75.2%
GCC
1189.4
6.5%
European
362.2
2.0%
Arabian
33.0
0.2%
Asian
9.1
0.1%
Other
2917.8
16.1%
Total
18165.9
100%
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