Traded shares value drops 28.55% in June

RIYADH — The total value of shares traded for the month ending June 30, 2016 amounted to SR84.28 billion, decreasing by 28.55% over the previous month; while total stock market capitalization reached SR1,504.35 billion at the end of this period, increasing by 1.06% over the previous month. The total value of shares purchased by “Saudi Investors” during this period amounted to SR80.94 billion representing 96.03% of total buying activity, and sales of SR81.30 billion representing 96.46% of total selling activity. Total ownership of “Saudi Investors” stood at 93.24% of total market capitalization as of June 30, 2016, representing an increase of 0.004% from the previous month. The total value of shares purchased by “GCC Investors” during this period amounted to SR1.18 billion representing 1.40% of total buying activity, and sales of SR0.869 billion representing 1.03% of total selling activity. Total ownership of “GCC Investors” stood at 2.56% of total market capitalization as of June 30, 2016, representing an increase of 0.02% from the previous month. The total value of shares purchased by “Foreign Investors” during this period amounted to SR2.17 billion representing 2.57% of total buying activity, and sales of SR2.11 billion representing 2.50% of total selling activity. Total ownership of “Foreign Investors” stood at 4.21% of total market capitalization as of June 30. 2016, representing a decrease of 0.01% from the previous month. — SG/Agencies