The value of foreign-owned shares in the Saudi stock market, Tadawul, increased significantly during the month of July 2021, compared to the previous month.

The monthly report of Tadawul revealed that the value of foreign ownership in Saudi stocks increased by 524.931 million riyals; Supported by resident investors.

The value of foreign investors' ownership in the Saudi stock market rose last month to about 276.704 billion riyals, compared to 276.179 billion riyals in June.

The value of ownership of investors residing in Saudi stocks increased by about 8 billion riyals, during July, compared to 7.890 billion in the previous month; To rise to about 109.375 million riyals.

On the other hand, the market witnessed a decline in the value of shares owned by Saudis by 33.39 billion riyals, during the past month, to 9.361 trillion riyals, compared to 9.394 trillion riyals for the previous month.

The value of shares owned by Gulf investors decreased by about 562.072 million riyals; To reach 50.05 billion riyals during July 2021, compared to 50.613 billion riyals for the month of June.

The total value of foreign investor purchases during last July reached 9.97 billion riyals, representing 6.88% of the total purchases in the market, while the total value of sales transactions reached 9.96 billion. riyals, representing 6.87% of the total sales, with a net purchase of 12.23 million riyals.

The foreign investor constituted 2.86% of the total market value of the listed shares as on July 29, 2021, an increase of 0.02% compared to the previous month.

The total value of traded shares for the month of July amounted to 144.85 billion riyals, a decrease of 50.85% compared to the previous month, while the total market value of the listed shares reached 9.688 trillion riyals at the end of this month. period, a decrease of 0.34% compared to June 2021.

The Saudi stock market, Tadawul, recorded a positive performance during the month of July 2021, with a noticeable increase to continue its rise for the seventh month in a row, supported by the rise in the basic materials and communications sectors despite the decline Banks and Energy.

The general market index TASI rose during 16 trading sessions, including the Eid al-Adha holiday, by 0.26%, adding 28.56 points to its value, to end the last July sessions at the level of 11,012.71 points. , compared to closing it at the end of last June through 22 sessions at the level of 10,984.15 points.