RIYADH: The ownership of qualified foreign investors in Saudi Arabia’s stock market surged to SR284 billion ($76 billion) by the end of the second quarter of 2022.
This is 31 percent up from SR216 billion in the same period last year, according to a report by the Capital Market Authority.
“Qualified foreign investors are playing an increasingly significant role on the Saudi exchange,” said an earlier CMA report.
Foreign investors’ ownership in Saudi-listed stocks touched the highest level of SR340 billion in April 2022.
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