Foreign Investors Increase Ownership in Saudi Stock Market to SR 374B

With a value of SR374.3 billion, the overall foreign ownership of the Saudi stock market, including strategic partners, climbed from 12.11 to 12.22 percent. The information provided by the Capital Market Authority does not contain the stocks of Saudi Aramco.

Non-founders' investments in the Saudi stock market climbed from 10.65 percent to 10.73 percent of the whole market for the week ending August 10 compared to the end of the prior week, bringing their ownership, excluding Aramco, to SR328.64 billion.

During the week ending August 10th, the ownership of Gulf investors in the Saudi market grew from 1.90 percent to 1.91 percent of the total market value of shares listed without Aramco, increasing their ownership worth to SR58.5 billion, according to the data.

It is significant that non-founding foreign investors' ownership consists of swap agreements, qualified investors, and resident investors but excludes the founders' strategic shares.