The value of shares owned by foreigners in the Saudi Tadawul stock market increased during the last week ending January 25, 2024, compared to the previous week. With the support of qualified investors.
The weekly Tadawul report, today, Monday, revealed an increase in the value of foreign ownership of Saudi stocks by 7.83 billion riyals ($2.09 billion).
The value of ownership of foreign investors increased last week to 410.5 billion riyals, compared to 402.67 billion riyals in the previous week, ending on January 18, 2023.
The value of qualified investors’ ownership of Saudi stocks increased to 6.59 billion riyals. To reach 329.54 billion riyals, compared to 322.95 billion for the previous week.
The ownership of strategic investors increased by 1.21 billion riyals, to 45.761 billion riyals, compared to about 44.56 billion riyals in the previous week.
The weekly Tadawul report revealed that the value of shares owned by Saudi investors declined to 10.52 trillion riyals, compared to 10.54 trillion riyals for the previous week, an increase of 24 billion riyals.
The value of shares owned by Gulf investors increased by 1.12 billion riyals to 71.57 billion riyals, compared to 70.45 billion riyals at the end of the previous week.
It is noteworthy that the Saudi stock market witnessed an increase of 1.69% during the week ending January 25, 2024, with gains amounting to 202.49 points, bringing it to the level of 12,161.56 points.
