The value of foreign-owned shares on the Saudi stock market “Tadawul” rose during the week ending September 9, compared to the previous week.

Tadawul’s weekly report, released today, Sunday, revealed that the market value of shares held by foreign investors on the main market, TASI, rose by 2.22 billion riyals during the week.

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

The market value of foreign-held shares rose; supported by a 2.41 billion riyal increase in holdings by qualified investors in Saudi stocks, reaching 231.15 billion riyals, compared to 228.74 billion in the previous week.

Strategic investors” holdings accounted for 0.55% of issued shares, reaching 53.95 billion riyals.

Similarly, the value of shares held by Gulf investors rose by 404.86 million riyals last week, reaching approximately 50.5 billion riyals, compared to 50.14 billion riyals the previous week.

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