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Foreigners net buy 146.63m Riyals in Saudi stocks
Foreign and Gulf investors recorded a net purchase in the Saudi stock market during the week ending July 16, amounting to a total of 193.24 million SAR for foreigners and 46.61 million SAR for Gulf investors, compared to a net sale of 193.24 million SAR by Saudi investors. Foreigners' purchases totaled 7.49 billion SAR, representing 41.77% of all buying activity in the market, while their sales amounted to 7.34 billion SAR. As for Saudis, their purchases reached 10.06 billion SAR, but they posted a net sale of 10.25 billion SAR, driven by both individual and institutional sales. Individuals recorded a net sale of 185.95 million SAR, while institutions sold off holdings worth 7.28 billion SAR.
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