Non-institutional foreign ownership ex-Aramco down to 11.19% last week

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs)

Non-institutional foreign investors cut their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 11.22% to 11.19%, or SAR 357.60 billion, in the week ended Sept. 10, market data showed.

The ownership of non-institutional foreign investors is represented by individuals, institutions, swap agreements, and managed portfolios but does not include the strategic stakes of founders.

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, increased to 2.41% of total market cap, recording SAR 77.18 billion.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, fell from 12.81% to 12.78% (SAR 408.59 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.59% (SAR 50.99 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.