Non-institutional foreign ownership ex-Aramco down to 9.28% last week

Tadawul trading screen

Non-institutional foreign investors decreased their ownership in Tadawul-listed equities, excluding Saudi Aramco, in the week ended April 18 to 9.28% of the total market value, or SAR 329.1 billion, from 9.70% in the previous week, 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, fell to 2.01%, or SAR 71.5 billion, from 2.07%, by the end of the week.

Meanwhile, foreign investors’ ownership, including strategic partners and excluding Saudi Aramco, retreated from 11.35% to 10.85%, or SAR 384.91 billion.

Institutional foreign investors, excluding Saudi Aramco, accounted for 1.57%, or SAR 55.8 billion, of the total foreign ownership in the Saudi market for the same week.