The value of foreign-owned shares in the Saudi stock market, Tadawul, increased during the past week ending on March 13, 2023, compared to the previous week; With the support of qualified investors.
Today, Monday, the weekly report of Tadawul revealed that the value of foreign ownership of Saudi stocks increased by 489.75 million riyals (130.6 million US dollars).
The value of foreign investors' ownership rose during the past week to 358.83 billion riyals, compared to 358.34 billion riyals in the previous week.
The value of ownership of qualified investors in Saudi stocks increased by 1.23 billion riyals, to reach 283.73 million riyals, compared to 282.5 million for the previous week.
On the other hand, the ownership value of strategic investors decreased by 680.26 million riyals, to 46.29 million riyals, compared to 46.97 million riyals at the end of the previous week.
The weekly report of Tadawul revealed that the value of shares owned by Saudi investors increased by about 57.6 billion riyals, to 9.788 trillion riyals, compared to 9.730 trillion riyals for the previous week.
The value of shares owned by Gulf investors increased by 816.76 million riyals to 55.46 billion riyals, compared to 54.64 billion riyals at the end of the previous week.
The general index of the Saudi market, TASI, recorded an increase of 0.54%, during the week ending on April 13, 2023, to continue its gains for the fourth consecutive week.
