Foreign investors’ ownership in Saudi stock market rises 31% to $76bn in Q2

Follow-ups -eshrag News:

Mon, 2022-09-12 14:10

RIYADH: The ownership of qualified foreign investors in Saudi Arabia’s stock market surged to SR284 billion ($76 billion) by the end of the second quarter of 2022.

This is 31 percent up from SR216 billion in the same period last year, according to a report by the Capital Market Authority.

“Qualified foreign investors are playing an increasingly significant role on the Saudi exchange,” said an earlier CMA report.

Foreign investors’ ownership in Saudi-listed stocks touched the highest level of SR340 billion in April 2022.

Main category: 
Business & Economy

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