The Saudi market .. A historic level of foreign investment in shares exceeds 308 billion riyals

The value of foreign investments in Saudi shares at the end of last October reached an all-time high at 308.1 billion riyals, making up 2.93% of the The market value of around 10.52 trillion riyals at the end of the same period.

Net purchases by foreign investors in the Saudi stock market amounted to approximately 19.8 billion riyals in the ten-month period. questyear, compared to 17.3 billion riyals in the same period of 2020, which means an increase in foreign flows of 14.1%, according to the newspaper “Al-Iqtisadiah”.

Net foreign purchases during the aforementioned period of questyear came after total purchases of 149.5 billion riyals, compared to total sales of 129.8 billion riyals.

This coincided with an annual increase in the main market index “TASI” of 34.7%, to close at 11,704 points at the end of last month, up from 8689.5 points at the end of 2020.

During last October, net foreign purchases amounted to 2.7 billion riyals, after total purchases of 15 billion riyals, compared to sales of 12.2 billion riyals.

The “TASI” index grew by 1.8% in the last month, closing at 11704 points, compared to 11496 points at the end of September.

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