Riyadh – Mubasher: The value of shares owned by foreign investors on the Saudi Stock Exchange (Tadawul) reached SAR 200.12 billion over the week ended on 8 October 2020, up by SAR 3.64 billion weekly.
The ownership represented 2.18% of issued shares and 12.56% of free shares, official data from Tadawul showed.
Moreover, the weekly rise in foreign ownership was backed by a growth of SAR 3.14 billion in qualified investors’ ownership last week at SAR 148.3 billion, representing 1.61% of issued shares and 11.79% of free shares.
Likewise, ownership of strategic investors hiked by SAR 445.04 million to stand at SAR 40.42 billion, representing 0.44% of issued shares.
Additionally, the market value of Saudis’ shares surged by SAR 82.51 billion weekly, hitting SAR 8.945 trillion in the previous week. Saudis dominated 97.35% of issued shares and 85.10% of free shares.
In the meantime, GCC ownership on Tadawul totalled SAR 42.94 billion, a weekly increase of SAR 649.4 million, representing 0.47% of issued shares and 2.34% of free shares.
