Tadawul trading screen

Non-institutional foreign investors raised their ownership in Tadawul-listed equities, excluding Saudi Aramco, to 10.46%, or SAR 296.14 billion, in the week ended March 23, market data showed.

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

GCC investors’ ownership in Saudi equities, excluding Saudi Aramco, fell from 1.82% to 1.79% of the total market cap, or SAR 50.7 billion in the week ended March 23.

Foreign investors’ ownership, including strategic partners, in Saudi equities, excluding Saudi Aramco, rose from 12.04% to 12.05%, or SAR 341.19 billion, for the week ended March 23.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.59%, or SAR 45.1 billion, of the total foreign ownership in the Saudi market for the same week.