Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

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.