<The value of shares owned by foreigners on the Saudi Stock Exchange (Tadawul) rose during the week ending September 9, compared to the previous week.

The weekly report of Tadawul, issued on Sunday, revealed that the market value of shares owned by foreign investors in the main market “Tasi” increased by 2.22 billion riyals during the week.

The value of ownership of foreign investors in the Saudi stock market reached about 295.1 billion riyals, compared to 292.86 billion riyals during the previous week ending on September 2.

The market value of foreign shares rose; supported by the increase in the value of ownership of qualified investors in Saudi shares by 2.41 billion riyals to reach 231.15 billion riyals, compared to 228.74 billion in the previous week.

The ownership of strategic investors accounted for 0.55% of the issued shares, reaching 53.95 billion riyals.

Similarly, the value of shares held by GCC investors increased by 404.86 million riyals during the past week, reaching about 50.5 billion riyals, compared to 50.14 billion riyals for the previous week.

In contrast, the market value of shares owned by Saudi investors decreased by 3.78 billion riyals, to 9.470 trillion riyals, compared to 9.474 trillion riyals during the previous week.

The market value of shares owned by Saudi investors decreased by 3.78 billion riyals, to 9.470 trillion riyals.