Saudi and Gulf investors increase weekly buying

During the past week, the Saudi stock market experienced a trend among Saudi and Gulf investors toward purchasing. The net purchases by Saudis amounted to 177.4 million riyals, and by Gulf investors to 25.49 million riyals, compared to foreigners' net sales of 202.89 million riyals. The total value of Saudi investors' buying transactions in the main market reached 13.85 billion riyals, with a relatively balanced proportion between purchases and sales. Institutions and individuals focused on buying with net amounts of 46.98 million riyals and 130.43 million riyals, respectively. As for Gulf investors, their trading involved purchases worth 417.44 million riyals, whereas foreigners registered a net sale of 275.1 million riyals. Managed funds and individuals leaned towards buying as well.

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