Arab News, Tuesday, Sep 7, 2021 | Muharram 30, 1443
Investments of foreign non-founding investors in Tadawul hits 20-month high
Saudi Arabia:
Investment of foreign
non-founding investors in Saudi Arabia’s main stock exchange Tadawul increased
to 2.44 percent or SR239 billion in the week ending Sept. 2, compared to 2.42
percent in the previous week.
Non-founding foreign investors are residents and
qualified foreign investors.
Ownership of this category of investors reached
its highest level in more than 20 months since the listing of Saudi Aramco.
Investments of Gulf investors in the Saudi market
stabilized during the same week at 0.51 percent of the total market value of the
listed shares, compared to the end of the previous week. The value of their
investments totaled SR50.1 billion .
According to Argaam, the founding foreign owners
represented 0.54 percent of the total foreign investments in the market during
the week ending Sept. 2, equivalent to SR53.8 billion.