Saudis top Tadawul stock buys
During the past week, Saudis purchased shares on the Tadawul market with a net amount of $47.3 million, with strong dominance by Saudi individuals and institutions who accounted for 60.47% of the purchases. In contrast, foreign investors recorded a net sale of $54.1 million due to institutional pressure, with total foreign sales reaching $2.36 billion, surpassing their purchases of $2.3 billion. Although the majority of investors made buy transactions, foreign dealings show a decline resulting from sales by institutions and market requirements.
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