Foreign ownership in Saudi stocks rises by $530 million last week

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Riyadh – Mubasher: The value of foreign-owned shares in the Saudi stock market “Tadawul” increased during the past week, which ended on June 10. / June 2021, compared to the previous week.

The weekly report of the “Saudi Tadawul” revealed an increase in the value of foreign ownership in Saudi stocks 1.99 1 billion riyals (530 million US dollars); Backed by qualified investors.

The value of foreign investors’ ownership in the Saudi stock market rose last week to 270.81 billion riyals ($72.2 billion), compared to 268.82 billion riyals ($71.69 billion) in the previous week..

The value of the ownership of qualified investors in Saudi stocks rose about 2.22 billion riyals, during the past week, to reach 212.58 billion riyals, compared to 210.36 billion riyals for the previous week.

On the other hand, the value of the ownership of strategic investors decreased by about 346.2 million riyals; To drop to 48.25 billion riyals, compared to 48.6 billion riyals in the previous week.

The weekly report of “Tadawul” revealed that the value of shares owned by Saudi investors increased to 9.421 trillion riyals, compared to 9.396 trillion riyals for the previous week, an increase of 25.55 billion riyals..

The value of shares owned by Gulf nationals decreased by 366 million riyals to 51.14 billion riyals, compared to 51.5 billion riyals in the previous week..

The general index of the Saudi market “TASI” recorded an increase of 0.92% during the week ending on June 10, 2021, equivalent to 98.03 points, bringing it to the level of 10,796.33 points, compared to 10,698.30 for the previous week..

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