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The total value of shares purchased by foreign investors in Tadawul during May amounted to SAR 15.32 billion ($4.09 billion). Foreign investors represent 9.65 percent of the total buying activity, and sales of SAR 13.55 billion, representing 8.54 percent of total selling activity, the Saudi stock exchange said in its monthly report.
The total ownership of foreign investors stood at 2.73 percent of total market capitalization as of 31 May 2021, representing an increase of 0.02 percent compared to April, the Saudi stock exchange noted in its Monthly Stock Market Ownership and Trading Activity report.
However, the total value of shares traded for the month ending 31 May 2021 amounted to SAR 158.72 billion, down by 15.83 percent over the previous month.
Total stock market capitalization reached SAR 9,655.61 billion at the end of this period, down by 0.00002% over the previous month.
The total value of shares purchased by Saudi investors in May amounted to SAR 142.22 billion representing 89.60 percent of total buying activity. Saudi investors sold SAR 142.62 billion worth of shares, representing 89.86 percent of total selling activity.
Total ownership of Saudi investors stood at 96.74 percent of total market capitalization as of 31 May 2021, representing a decrease of 0.02 percent from the previous month, the report said.
The total value of shares purchased by GCC Investors amounted to SAR 1.18 billion representing 0.74 percent of total buying activity. GCC investors sold SAR 2.55 billion worth of shares, representing 1.61 percent of total selling activity.
Nomu-Parallel Market
The total value of shares traded for the month ending 31 May 2021 amounted to SAR 763.06 million, increasing by 146.65 percent over the previous month. and the total stock market capitalization reached SAR 12,052.53 million at the end of this period, decreasing by 3.62 percent over the previous month.
According to the Tadawul report, the total value of shares purchased by foreign investors in May amounted to SAR 72.30 million representing 9.47 percent of total buying activity. Foreign investors sold shares worth SAR 47.87 million, representing 6.27 percent of total selling activity. The total ownership of foreign investors stood at 0.46 percent of total market capitalization, representing an increase of 0.24 percent compared to April.
The total value of shares purchased by GCC investors during this period amounted to SAR 2.61 million representing 0.34 percent of total buying activity. GCC investors sold shares worth SAR 59.05 million, representing 7.74 percent of total selling activity, the report said.
The total value of shares purchased by Saudi Investors during the month of May amounted to SAR 688.15 million representing 90.18 percent of total buying activity. Local investors sold shares worth SAR 656.13 million, representing 85.99 percent of total selling activity in May.
(Writing by Seban Scaria; editing by Anoop Menon)
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© ZAWYA 2021
