Riyadh –  Foreign investors leaned towards selling activity on the Saudi Stock Exchange (Tadawul) during the week ended on 1 October 2020, while Saudi and GCC investors dominated the buying activity.

Sales deals carried out by foreign investors netted SAR 1.54 billion last week, compared with net purchases of SAR 1.48 billion and SAR 54.13 million, respectively, by Saudi and Gulf investors, official data showed on Monday.

Foreigners registered SAR 4.37 billion worth of total sales deals on the main market while purchases hit SAR 2.84 billion.

Resident investors’ sales amounted to SAR 1.44 billion last week while qualified investors achieved SAR 97.18 million in net sales.

As for Saudis, purchases reached SAR 66.14 billion and sales registered SAR 64.66 billion. Saudi institutions’ net purchases totalled SAR 2.09 billion, compared to net sales of SAR 612.59 million by individuals.

Furthermore, GCC investors executed buying and selling transactions worth SAR 341.82 million and SAR 287.69 million, respectively.

Source: Mubasher

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