‎TASI: Investment funds sell net SAR 840M stocks 

‎TASI: Investment funds sell net SAR 840M stocks  ‎TASI: Investment funds sell net SAR 840M stocks 

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Tadawul trading screen

Saudi investment funds were net sellers of SAR 840 million worth of stocks in the Main Market (TASI) in the week ended Jan. 8, according to recent data issued by Tadawul.

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GCC corporates were also net sellers of shares worth SAR 109 million.

Qualified foreign investors (QFIs) were net sellers of SAR 49.45 million worth of stocks.

QFIs accounted for about 38.76% and 39% of total purchase and sell trades last week, respectively.

Meanwhile, Saudi retail investors were net buyers of shares worth SAR 848.1 million.

Retail investors and high-net-worth investors were net buyers of shares worth SAR 671 million and SAR 191.5 million, respectively. Individual professional investors purchased shares worth around SAR 37.4 million.

Retail investors accounted for 26.61% of total purchases and 23.30% of overall sell trades during the week.

The Capital Market Authority (CMA) announced, on Jan. 7, the opening of the capital markets to all categories of foreign investors, effective Feb. 1.

Under the amendments, the concept of QFIs was eliminated in TASI, thereby allowing all categories of foreign investors to access the market without the need to meet qualification requirements.

In addition, the regulatory framework governing swap agreements, which are used as an option to enable non-resident foreign investors to obtain economic benefits only from listed securities, has been scrapped, together with the allowance of direct investment in TASI-listed shares.

Traded Value by Nationality Investor Type (SAR mln)

Investor Type

Total Buys

Total Sells

Net Investment

Saudi Investors

Retail

5398.43

4727.43

670.99

High-Net-Worth Investors

3078.16

2886.70

191.46

Individual Professional Investors

690.23

652.80

37.43

Individual DPMs

229.87

281.61

(51.74)

Total (Retail)

9396.69

8548.55

848.14

Corporates

691.59

657.25

34.34

Mutual Funds

845.31

1685.22

(839.91)

Government Entities

96.54

189.86

(93.31)

Institutional DPMs

333.31

278.60

54.71

Total (Institutional Investors)

1966.75

2810.92

(844.17)

Total (Saudi Investors)

11363.44

11359.47

3.97

GCC Investors

Individuals

90.15

81.85

8.30

Corporates

372.94

481.67

(108.74)

DPMs

13.55

17.66

(4.11)

Total (GCC Investors)

476.64

581.18

(104.54)

Foreign Investors

SWAP Holders

44.23

5.57

38.66

Foreign Residents

451.82

351.06

100.76

QFIs

7862.79

7912.24

(49.45)

DPMs

89.02

78.42

10.60

Strategic Partners

Total (Foreign Investors)

8447.86

8347.28

100.57

Total

20287.93

20287.93

Traded Value by Investor Classification (SAR bln)

Investor Classification

Total Buys

Total Sells

Net Investment

Institutional

11.27

12.24

(0.97)

Non-Institutional

9.02

8.05

0.97

Total

20.29

20.29

 

Tadawul trading screen

Saudi investment funds were net sellers of SAR 840 million worth of stocks in the Main Market (TASI) in the week ended Jan. 8, according to recent data issued by Tadawul.

GCC corporates were also net sellers of shares worth SAR 109 million.

Qualified foreign investors (QFIs) were net sellers of SAR 49.45 million worth of stocks.

QFIs accounted for about 38.76% and 39% of total purchase and sell trades last week, respectively.

Meanwhile, Saudi retail investors were net buyers of shares worth SAR 848.1 million.

Retail investors and high-net-worth investors were net buyers of shares worth SAR 671 million and SAR 191.5 million, respectively. Individual professional investors purchased shares worth around SAR 37.4 million.

Retail investors accounted for 26.61% of total purchases and 23.30% of overall sell trades during the week.

The Capital Market Authority (CMA) announced, on Jan. 7, the opening of the capital markets to all categories of foreign investors, effective Feb. 1.

Under the amendments, the concept of QFIs was eliminated in TASI, thereby allowing all categories of foreign investors to access the market without the need to meet qualification requirements.

In addition, the regulatory framework governing swap agreements, which are used as an option to enable non-resident foreign investors to obtain economic benefits only from listed securities, has been scrapped, together with the allowance of direct investment in TASI-listed shares.

Traded Value by Nationality Investor Type (SAR mln)

Investor Type

Total Buys

Total Sells

Net Investment

Saudi Investors

Retail

5398.43

4727.43

670.99

High-Net-Worth Investors

3078.16

2886.70

191.46

Individual Professional Investors

690.23

652.80

37.43

Individual DPMs

229.87

281.61

(51.74)

Total (Retail)

9396.69

8548.55

848.14

Corporates

691.59

657.25

34.34

Mutual Funds

845.31

1685.22

(839.91)

Government Entities

96.54

189.86

(93.31)

Institutional DPMs

333.31

278.60

54.71

Total (Institutional Investors)

1966.75

2810.92

(844.17)

Total (Saudi Investors)

11363.44

11359.47

3.97

GCC Investors

Individuals

90.15

81.85

8.30

Corporates

372.94

481.67

(108.74)

DPMs

13.55

17.66

(4.11)

Total (GCC Investors)

476.64

581.18

(104.54)

Foreign Investors

SWAP Holders

44.23

5.57

38.66

Foreign Residents

451.82

351.06

100.76

QFIs

7862.79

7912.24

(49.45)

DPMs

89.02

78.42

10.60

Strategic Partners

Total (Foreign Investors)

8447.86

8347.28

100.57

Total

20287.93

20287.93

Traded Value by Investor Classification (SAR bln)

Investor Classification

Total Buys

Total Sells

Net Investment

Institutional

11.27

12.24

(0.97)

Non-Institutional

9.02

8.05

0.97

Total

20.29

20.29

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