Foreigners' Saudi market holdings reach 2.74 billion
The value of foreign ownership in the main market of Tadawul Saudi Arabia increased by $2.74 billion (SAR 10.28 billion), reaching $119.51 billion (SAR 448.16 billion) by the end of last week. The volume of foreign institutional ownership also rose to $98.81 billion (SAR 370.56 billion). Additionally, strategic foreign investors' holdings increased by $44.79 million (SAR 167.97 million) to reach $12.9 billion (SAR 48.4 billion). Moreover, the value of Saudi investors' holdings experienced a significant rise of $18.4 billion (SAR 69 billion), reaching $2.402 trillion (SAR 9.009 trillion). Their ownership accounted for approximately 86% of free floats and 94.5% of issued shares.
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