Saudi Arabia's Tadawul Drops by 16 Percent in September: Report

Published October 2nd, 2017 - 11:37 GMT
The total value of shares traded on the Saudi Stock Exchange (Tadawul) dropped by 16.64 percent month-on-month, according to a new report. (AFP/ File)
The total value of shares traded on the Saudi Stock Exchange (Tadawul) dropped by 16.64 percent month-on-month, according to a new report. (AFP/ File)

The total value of shares traded on the Saudi Stock Exchange (Tadawul) for the month ending September 28, 2017, amounted to SR50.17 billion, decreasing by 16.64 percent over the previous month.

On the other hand, total stock market capitalization reached SR1,721.21 billion at the end of this period, increasing by 0.31% over the previous month, the exchange latest Monthly Stock Market Ownership and Trading Activity Report revealed.

The total value of shares purchased by "Saudi Investors" during this period amounted to SR46.29 billion, representing 92.26% of total buying activity, and sales of SR40.82 billion, representing 81.36% of total selling activity. Total ownership of "Saudi Investors" stood at 93.59% of total market capitalization as of Sept. 28 , representing an increase of 0.29% from the previous month.

The total value of shares purchased by "GCC Investors" during this period amounted to SR1.06 billion, representing 2.11% of total buying activity, and sales of SR1.21 billion, representing 2.40% of total selling activity. Total ownership of "GCC Investors" stood at 2.15% of total market capitalization as of Sept. 28, 2017, representing an increase of 0.003% from the previous month.

The total value of shares purchased by "Foreign Investors" during this period amounted to SR2.82 billion, representing 5.63% of total buying activity, and sales of SR8.15 billion, representing 16.24% of total selling activity. Total ownership of "Foreign Investors" stood at 4.26% of total market capitalization as of Sept. 28, 2017, representing a decrease of 0.29% from the previous month.

In the Nomu-Parallel Market, the total value of shares traded for the month ending Sept. 28, 2017 amounted to SR37.42 million, decreasing by 31.50% over the previous month; while total stock market capitalization reached SR2,363.16 million at the end of this period, decreasing by 1.19% over the previous month.

The total value of shares purchased by "Saudi Investors" during this period amounted to SR35.55 million, representing 95.02% of total buying activity, and sales of SR36.53 million, representing 97.63% of total selling activity. Total ownership of "Saudi Investors" stood at 99.16% of total market capitalization as of Sept. 28, 2017, representing a decrease of 0.05% from the previous month.

The total value of shares purchased by "GCC Investors" during this period amounted to SR0.60 million, representing 1.62% of total buying activity, and sales of SR0 million representing 0% of total selling activity. Total ownership of "GCC Investors" stood at 0.56% of total market capitalization as of Sept. 28, 2017, representing an increase of 0.04% from the previous month.

The total value of shares purchased by "Foreign Investors" during this period amounted to SR1.26 million, representing 3.37% of total buying activity, and sales of SR0.89 million, representing 2.37% of total selling activity. Total ownership of "Foreign Investors" stood at 0.28% of total market capitalization as of Sept. 28, 2017, representing an increase of 0.01% from the previous month. - SG

 

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