Saudi Arabia

Foreign ownership in Saudi listed companies reaches nearly SR404bn

The ownership of foreign investors in the Saudi stock market jumped to SR404.26 billion. Foreign investors own shares in 211 out of 215 companies listed on the main stock market Tadawul All Share Index (TASI).

Foreign ownership in the Saudi market is equivalent to 3.36 percent of the total market value of the listed companies.

The highest value of shares owned by foreign investors is in the top five Saudi companies — Al-Rajhi Bank, Saudi National Bank (SNB), SABB, Saudi Aramco and SABIC. Foreign investment in these companies amounted to a total of SR188.76 billion.

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Source
saudigazette

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