Categories: Business

Foreign ownership in Saudi-listed stocks drops to $94bn in Q2


Tue, 2022-08-30 13:47

RIYADH: Ownership of foreign investors in the Saudi stock market’s main Tadawul All Share Index slipped down to SR354 billion ($94 billion) at the end of the second quarter of 2022 from SR392 billion in the previous quarter.

This includes investments by swap holders, foreign residents, qualified foreign investors, foreign diversified portfolio managers, and foreign strategic investors, according to a report by the Capital Market Authority.

“Qualified foreign investors are playing an increasingly significant role on the Saudi Exchange,” said the report.

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