2 billion riyals were purchased by foreigners in the Saudi market during November

Foreign investors in the Saudi stock market recorded net purchases of about 2 billion riyals during the month of November 2020.

According to Arabiya Net, the Saudi financial market data showed that foreigners' realization of net purchases came as a result of the difference between the total purchases of about 16.67 billion riyals, equivalent to 6.45% of the total operations Purchase, compared to 14.67 billion riyals, total sales, representing 5.67% of total sales, during last November.

Regarding the percentage of foreign investor's ownership value, Tadawul stated that it constituted 2.28% of the total market value of listed shares by the end of November 2020, up 0.08% compared to October 2020 .

The total market value of shares listed on the main Saudi market was about 9.3 trillion riyals, by the end of November 2020, an increase of 7.73% compared to the previous month.

The dealings of foreign investors are divided into swap agreements, resident and other investors, qualified investors, managed portfolios, in addition to strategic investors.

The direction of foreign investors came to achieve net buying, supported by the transactions of qualified foreign investors, after they registered net purchases of about 2.09 billion riyals during last November, the outcome of the difference between 11.65 billion Real total purchases, and 9.56 billion riyals total sales.

Saudi dealings

In a related context, the selling trend dominated the transactions of Saudi investors during November 2020, with net sales of about 2.3 billion riyals, according to Tadawul data.

The net sales of Saudi investors came from the difference between 240.1 billion riyals, total purchases representing 92.85% of total purchases, and 242.4 billion riyals, total sales equivalent to 93.7 % Of total sales.

Saudi investors accounted for 97.23% of the total market value of shares on November 30, 2020, down 0.11% compared to October 2020.

Gulf Investors

In the same context, the transactions of Gulf investors tended to buy last November, with net purchases of about 303.6 million riyals, the outcome of the difference between 1.82 billion riyals of total purchases, and 1.5 billion riyals of total sales.

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