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Non-institutional foreign investments rise to 2.60% last week

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Tadawul trading screen


Non-institutional foreign investors – namely swap holders, residents and qualified foreign investors (QFIs) – increased their ownership in the Saudi Exchange (Tadawul) to 2.60%, or SAR 259.6 billion, in the week ending Jan. 6, compared to 2.55% in the week before, on net purchases at nearly SAR 443.4 million, market data showed.

Foreign investors’ ownership last week is the highest in more than two years, since Saudi Aramco’s share listing.

GCC investors’ ownership in the Saudi market also rose to 0.54%, or SAR 53.8 billion, in the week ending Jan. 6, compared to the week before.

Foreign investors’ ownership, including strategic partners, increased by 0.07% to 3.12%, or SAR 311.5 billion, for the week.

Institutional foreign investors accounted for 0.52%, or SAR 51.9 billion, of the total foreign ownership in the Saudi market for the week ending Jan. 6.