‎Saudi trades in US equities hit 2-year high

‎Saudi trades in US equities hit 2-year high ‎Saudi trades in US equities hit 2-year high

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US stock trading hall

Saudi investors executed sell and buy transactions on US equities totaling SAR 89.7 billion, reflecting an increase of approximately SAR 47.1 billion, or 111% year-on-year (YoY), the highest level in two years.

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Trading by Saudis in US stocks jumped by 53%, or SAR 31.1 billion, compared to SAR 58.6 billion in Q2 2024.

The CMA report on the trading value of local authorized brokers in the global markets does not include either details of the number of Saudi portfolios abroad, the number of investors trading directly through foreign brokers, or their trading volumes.

The following table shows Saudi transactions on US equities:

Saudi Transactions on US Equities*

Period

Value

(SAR mln)

YoY Change

Q1 2022

85,896

+10%

Q2 2022

147,438

+143%

Q3 2022

99,497

+96%

Q4 2022

50,346

+9%

Q1 2023

58,841

(31%)

Q2 2023

59,812

(59%)

Q3 2023

42,594

(57%)

Q4 2023

58,734

+17%

Q1 2024

62,313

+6%

Q2 2024

58,559

(2%)

Q3 2024

89,661

+111%

*Updated data

The transactions in the US market accounted for nearly 98.7% of total trading by Saudis in foreign markets during the third quarter of 2024, which reached SAR 90.9 billion.

The table below details sell and buy transactions on US equities through authorized market institutions in Q3 2024:

Traded Value by Authorized Market Institutions in Foreign Markets (SAR mln)

Region

Value

Percentage

US

89,661

98.7%

GCC

813

0.9%

European

218

0.2 %

Arabian

70

0.1 %

Asian

46

0.1 %

Other

74

0.1 %

Total

90,882

100.0%

 

US stock trading hall

Saudi investors executed sell and buy transactions on US equities totaling SAR 89.7 billion, reflecting an increase of approximately SAR 47.1 billion, or 111% year-on-year (YoY), the highest level in two years.

Trading by Saudis in US stocks jumped by 53%, or SAR 31.1 billion, compared to SAR 58.6 billion in Q2 2024.

The CMA report on the trading value of local authorized brokers in the global markets does not include either details of the number of Saudi portfolios abroad, the number of investors trading directly through foreign brokers, or their trading volumes.

The following table shows Saudi transactions on US equities:

Saudi Transactions on US Equities*

Period

Value

(SAR mln)

YoY Change

Q1 2022

85,896

+10%

Q2 2022

147,438

+143%

Q3 2022

99,497

+96%

Q4 2022

50,346

+9%

Q1 2023

58,841

(31%)

Q2 2023

59,812

(59%)

Q3 2023

42,594

(57%)

Q4 2023

58,734

+17%

Q1 2024

62,313

+6%

Q2 2024

58,559

(2%)

Q3 2024

89,661

+111%

*Updated data

The transactions in the US market accounted for nearly 98.7% of total trading by Saudis in foreign markets during the third quarter of 2024, which reached SAR 90.9 billion.

The table below details sell and buy transactions on US equities through authorized market institutions in Q3 2024:

Traded Value by Authorized Market Institutions in Foreign Markets (SAR mln)

Region

Value

Percentage

US

89,661

98.7%

GCC

813

0.9%

European

218

0.2 %

Arabian

70

0.1 %

Asian

46

0.1 %

Other

74

0.1 %

Total

90,882

100.0%

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