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Foreigners sell 1.52B riyals in Saudi stocks

Foreigners sell 1.52B riyals in Saudi stocks

Foreign investors recorded a net sale of 1.52 billion riyals in the Saudi stock market during the week ending October 7. In contrast, Saudis and Gulf nationals mostly engaged in buying activities. The total purchases by foreigners amounted to 6.62 billion riyals, representing 38.13% of all purchases, while their sales reached 8.14 billion riyals, accounting for 37.21%. Meanwhile, Saudis achieved a net purchase of 1.48 billion riyals, with sales estimated at 10.82 billion riyals. Gulf nationals registered a net purchase of 38.76 million riyals. The performance of Saudi institutions and individuals contributed to an increase in buying activity, whereas foreigners experienced a net selling trend.

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