Foreign purchases in the Saudi market reached 2.17 billion riyals against their sales, which exceeded just 965 million riyals, and the net purchase of foreigners amounted to more than 1.2 billion riyals.

According to the weekly report for the market ending on the eleventh of April, the value of foreign ownership, 117 billion and 250 million riyals, representing about 5.5% of the value of shares owned by investors in Market.

According to market data, the foreign investor’s share in Saudi stocks includes both foreign strategic partners in companies, swap agreements, resident investors, qualified foreign institutions, and finally managed portfolios.

FTSE Russell decided on March 28, 2018, to include the Saudi market to the rank of secondary emerging markets, in stages starting in March 2019 and ending in March 2020, due to the large size To the market.

It is worth mentioning data from the Saudi market website, that net foreign investment rose in March 2018 to record levels, during the anticipation period to upgrade the market to the FTSE Emerging Markets Index.

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