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.