The Saudi Capital Market Authority today released the quarterly statistical bulletin for the third quarter of AD 2021, which covers indicators of the Saudi financial market during that period. Data from the bulletin showed an increase in public offerings of shares during the third quarter. reaching 7 offers for a total value of approximately 21 billion riyals.
The Authority stated that, thereby, the total number of bids in the last period of questyear reached 12, compared to four in the same period in 2020.
He added that the pace of offers is increasing in in line with the authority’s strategy which aims to deepen the financial market and strengthen its role in capital formation.
The bulletin data shows an increase in the value of foreign investor property in the main stock market for the third quarter of 2021 of 8.2% compared to the previous quarter and a 52% increase compared to the same quarter of 2020.
The value of public funds assets for the third quarter of 2021 increased by 22% compared to the same quarter of 2020, reaching nearly 240 billion riyals.
This was accompanied by an increase in the total number of subscribers of public investment funds to reach approximately 446 thousand subscribers at the end of the third quarter of 2021, an increase of 11% compared to the previous quarter, and an increase of 25% compared to the same. quarter of 2020.
Among the indicators reflected by the bulletin on investment funds, the growth of the assets of private funds for the third quarter of 2021 by 4% compared to the previous quarter and by 30% compared to the same quarter of 2020 to reach 4, approximately 286 billion riyals.
The number of investment portfolios for individuals increased by 8% compared to the previous quarter, reaching over 10 million portfolios.
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