Foreigners recorded $ 796 million in net purchases in the Saudi market in August

In the main Saudi stock market, foreign investors recorded net purchases of about 2.98 billion riyals (about $ 796 million) in August 2021.

According to a statement by “Saudi Tadawul”, today, Wednesday, this is the result of the difference between 15.29 billion riyals (4.08 billion dollars) in total purchases, compared to total sales of 12.3 billion riyals ( 3.28 billion dollars).

Total foreign purchases represented 9.92% of total purchases, while sales represented 7.99% of total sales.

The operations of foreign investors are divided in swap contracts, resident and non-resident investors, qualified investors, managed portfolios, as well as strategic investors.

And the foreign buying trend has supported investment by qualified foreign investors, after recording net purchases of 3.018 billion riyals ($ 804.9 million) last August.

Qualified investors recorded total purchases of approximately 12.96 billion riyals ($ 3.46 billion), compared to 9.94 billion riyals ($ 2.65 billion).

foreign ownership

The property value of the “foreign investor” constituted 2.98% of the total market value of the listed shares as of August 31, 2021, an increase of 0.12% over the previous month.

The value of foreign ownership in Saudi shares at the end of last August amounted to 292.58 billion riyals ($ 78.02 billion), compared to about 276.7 billion riyals ($ 73.79 billion), an increase of about 15.87 billion riyals ($ 4.23 billion).

In a previous interview with Al-Arabiya, Saudi Investment Minister Khaled Al-Falih said the Kingdom will enjoy very high rates of foreign investment in 2021 and the next few years.

He added that, despite the Corona pandemic and its repercussions on world economies, the Kingdom was in able to increase the level of foreign direct investment by 20% in 2020 and by 13% in the first quarter of quest’year.

Saudi investor

While the total value of the purchases of “Saudi Investor” in the last month was approximately 137.27 billion riyals, equal to 89.07% of the total purchases, while the total value of sales reached 140.09 billion riyal, equal to 90.90% of total sales.

Total transactions by Saudi investors recorded net sales of around 2.8 billion riyals in August 2021.

As for the value of the property of the “Saudi investor”, it constituted 96.51% of the total market value of the listed shares as of August 31, 2021, in decrease of 0.12% compared to the previous month.

Gulf investor

The total value of “Gulf Investor” purchases during last August was about 1.55 billion riyals, or 1.01% of total purchases, while the total sales value reached 1.71 billion riyals. , accounting for 1.11% of total sales.

As for the ownership value of the “Gulf Investor”, it represented 0.51% of the total market value of the shares listed as at 31 August 2021, in decrease of 0.004% compared to the previous month.

The total value of the shares traded in August 2021 was approximately 154.11 billion riyals, in an increase of 6.40% compared to the previous month, while the total market value of the listed shares amounted to 9,829.66 billion riyals at the end of the period, in increase of 1.46% compared to the previous month.

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