Saudi trades in US stocks surge 162% to hit record of SAR 77.4 bln in Q1 2021
US market trading screen
Saudi investors traded US stocks through brokerage companies licensed by the Capital Market Authority (CMA), worth SAR 77.4 billion, in Q1 2021, a surge of 162%, compared with SAR 29.6 billion a year earlier.
On a quarterly basis, Saudi trading in US stocks recorded a decrease of SAR 20.8 billion in Q1 2021 compared to SAR 98.2 billion in Q4 2020.
The US stocks rose remarkably last year, with the Dow Jones Index and S&P 500 gaining 7.8% and 5.8%, respectively. Similarly, NASDAQ index grew 2.8%.
|
Saudis’ Trading in US Stocks |
||
|
Period |
Value (SAR mln) |
Variation |
|
Q1 2016 |
6896 |
-- |
|
Q2 2016 |
6087 |
-- |
|
Q3 2016 |
7138 |
+39% |
|
Q4 2016 |
4183 |
(45%) |
|
Q1 2017 |
7992 |
+16% |
|
Q2 2017 |
7715 |
+27% |
|
Q3 2017 |
8497 |
+19% |
|
Q4 2017 |
6816 |
+63% |
|
Q1 2018 |
11785 |
+47% |
|
Q2 2018 |
11078 |
+44% |
|
Q3 2018 |
7204 |
(15%) |
|
Q4 2018 |
11558 |
+70% |
|
Q1 2019 |
11085 |
(6%) |
|
Q2 2019 |
6472 |
(42%) |
|
Q3 2019 |
14682 |
+104% |
|
Q4 2019 |
13561 |
+17% |
|
Q1 2020 |
29552 |
+167% |
|
Q2 2020 |
81338 |
+1157% |
|
Q3 2020 |
114246 |
+678% |
|
Q4 2020 |
98229 |
+624% |
|
Q1 2021 |
77410 |
+162% |
Saudi investors' traded value of US stocks accounted for 98% of their total traded value in overseas markets, reaching SAR 79.1 billion.
|
Trading Values by Authorized Persons in Foreign Markets (buy, sell) |
||
|
Market |
Value (SAR mln) |
Ratio (%) |
|
US |
77410 |
98.0% |
|
GCC |
904 |
1.1% |
|
Europe |
306 |
0.4% |
|
Arabian |
198 |
0.3% |
|
Asian |
48 |
0.1% |
|
Other |
186 |
0.2% |
|
Total |
79052 |
100% |
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