The Saudi Stock Exchange continues to rise during morning trading for the second session of the week, and foreign ownership rises $ 1.98 billion in a week
The Saudi Stock Exchange continues to rise during morning trading for the second session of the week, and foreign ownership rises $ 1.98 billion in a week

Everyone knows at the present time that the Saudi Stock Exchange or the Saudi Stock Market “Tadawul” or the Kingdom’s Stock Exchange has a very large investment field and everyone is looking for information for it in order to start investing and trading in that exchange, due in order to achieve profit margin for all investors.

Everyone also knows that financial markets or exchanges in general are subject to profit or loss, depending on the global economy.

In the context of those events, the Saudi stock market started "Tadawul", during the morning session on Monday, on the rise, and the general index of the market, "TASI", rose by 0.91%, on gains of 83 points, which rose to the level of 9118 points.

In a related economic context, the Saudi Stock Exchange recorded a trading value during morning trading, amounting to 4.9 billion riyals, through 119.5 million shares.

The Saudi stock market "Tadawul" ended yesterday's session, Sunday, with remarkable gains and gains, to record its seventh consecutive high, to record its seventh consecutive high.

In that economic regard, the general market index “TASI” closed up by 1.03%, with gains of 91.68 points, with which it jumped to the level of 9,035.53 points, breaching 9 thousand points, reaching its highest level since mid-July.

The trading value increased to 12.08 billion riyals through 324.15 million shares, compared to 11.76 billion riyals through about 292 million shares, in the previous Thursday's session.

The market value of shares listed in the main index of the Saudi stock market "Tadawul" increased by 197.29 billion riyals, during last week's transactions ending on February 11, to 9.093 trillion riyals (2.42 trillion dollars), compared to 8.895 trillion riyals (2.37 trillion dollars). The week before.

The weekly report of the Saudi Stock Exchange "Tadawul" showed that the value of foreign ownership of Saudi stocks rose by 7.41 billion riyals ($ 1.98 billion) last week, amid a collective increase in ownership of most categories of investors, led by the qualified ones.

Total foreign ownership of shares reached 216.8 billion riyals ($ 57.81 billion), representing 2.38% of the issued shares and 13.07% of free shares, compared to 209.38 billion riyals ($ 55.83 billion) in the previous week, which constituted 2.35% of the issued shares and 13 .06% of the free shares.

The value of foreign ownership increased, supported by the rise in the value of shares of the qualified investor category, by 6.27 billion riyals (1.67 billion dollars), to 167.97 billion riyals (44.79 billion dollars), equivalent to 1.85% of the issued shares and 12.56% of the free shares.

The ownership of strategic investors also increased by 866.52 million riyals (231.07 million dollars), to 40.42 billion riyals (10.78 billion dollars), representing 0.44% of the issued shares.

As for the value of Gulf Arab shares, they rose by 1.6 billion riyals ($ 425.87 million) last week to 46.03 billion riyals ($ 12.28 billion), compared to 44.44 billion riyals ($ 11.85 billion) in the previous week.

Gulf ownership of Saudi stocks constituted 0.51% of the issued shares at the end of last week, and 2.51% of free shares.

At the level of Saudis, the market value of shares owned by them jumped by 188.28 billion riyals ($ 50.21 billion) over the past week. To reach 8.830 trillion riyals (2.35 trillion dollars), compared to 8.642 trillion riyals (2.3 trillion dollars) during the week ending February 4.

Saudi ownership accounted for 97.11% of the issued shares, and 84.42% of the free float shares.

The increase in the market value of shares owned by Saudis came. The value of shares owned by institutions increased by 167.99 billion riyals (44.8 billion dollars) to 8.201 trillion riyals (2.187 trillion dollars), compared to 8.033 trillion riyals (2.142 trillion dollars) in the previous week.

Likewise, the value of individual investors ’shares increased by 20.29 billion riyals ($ 5.41 billion) last week to 628.94 billion riyals (167.72 billion dollars), compared to the value of their ownership in the previous week, which amounted to 608.65 billion riyals ($ 162.31 billion).