INSEAD Day 4 - 728x90

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.

FAB profit edges higher

Income growth supports steady earnings.

UAB H1 profit climbs

Income, lending drive first-half growth

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

Non-institutional foreign ownership in Tadawul-listed firms up slightly

The foreign ownership was up slightly during the week ending Jan 9. (Tadawul)
  • The ownership increased from 9.70 percent to 9.72 percent, equivalent to SAR 334.55 billion, during the week ending January 9.
  • GCC investors’ ownership in Saudi equities, excluding Saudi Aramco, declined from 2.27 percent to 2.18 percent of the total market capitalization.

Riyadh, Saudi Arabia — Non-institutional foreign investors increased their stake in Tadawul-listed equities, excluding Saudi Aramco, from 9.70 percent to 9.72 percent, equivalent to SAR 334.55 billion, during the week ending January 9, according to market data.

This category of ownership includes swap holders, residents, and qualified foreign investors (QFIs), Argaam reported.

GCC investors’ ownership in Saudi equities, excluding Saudi Aramco, declined from 2.27 percent to 2.18 percent of the total market capitalization, amounting to SAR 74.92 billion by the end of the week.

Foreign investors’ overall stake in Saudi equities, including strategic partners but excluding Saudi Aramco, edged up from 11.14 percent to 11.16 percent, or SAR 383.9 billion, for the same period.

Institutional foreign investors, excluding Saudi Aramco, represented 1.43 percent of total foreign ownership in the Saudi market, equivalent to SAR 49.3 billion, based on Argaam’s data.