Foreign Investors Share in Saudi Market Reaches 5%

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Time: July 09, 2018

Investors talk with each other as they monitor a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia. (Reuters file photo)

Riyadh – Shujaa al-Baqmi

The share of foreign investors in the Saudi stock market, by the end of trading on July 5, reached 5 percent, with a total ownership of $25.9 billion.

In this regard, the Saudi Stock Exchange (Tadawul) announced that net foreign purchases of foreign direct investment last week amounted to $43.1 million dollars.

Increased foreign investor ownership in the stock market reflects the appeal of the Saudi financial market and the high level of confidence its economy enjoys.

This article was first published in Asharq Al-Awsat 

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