22 Hrs
Source:
الاقتصادية
Saudi investors trade 242B dollars in US markets
Saudi investors' trading activities in U.S. stocks saw a significant increase during the first quarter of the current year, totaling 241.9 billion riyals (64.5 billion dollars). This represents a growth of 47.2% compared to the same period last year, despite a 5% decline from the previous quarter due to market fluctuations in the U.S. The trading activities accounted for approximately 28% of their total transactions across various financial markets, with the majority activity concentrated in the Saudi market. Although the value of investment assets in U.S. stocks reached 36.5 billion riyals—showing a 71% annual increase—they still constitute only a small portion of the overall local investment assets. Additionally, the European market also experienced a notable surge in Saudi trading, rising to 11 billion riyals, six times higher than the previous year, driven by improved performance and increased interest in the technology and artificial intelligence sectors.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)