INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.