Value of shares traded on Tadawul falls 9.18%

JEDDAH — The total value of shares traded on the Saudi Stock Exchange (Tadawul) for the week ending July 28, 2016 amounted to SR16.62 billion, decreasing by 9.18% over the previous week. Total stock market capitalization reached SR1,471.24 billion at the end of this period, decreasing by 3.35% over the previous week. The total value of shares purchased by Saudi investors during this period amounted to SR15.71 billion, representing 94.57% of total buying activity, and sales of SR15.73 billion representing 94.70% of total selling activity. Total ownership of Saudi investors stood at 93.36% of total market capitalization as of 28 July 2016, representing an increase of 0.14% from the previous week. The total value of shares purchased by GCC investors during this period amounted to SR0.285 billion representing 1.71% of total buying activity, and sales of SR0.317 billion representing 1.91% of total selling activity. Total ownership of GCC investors stood at 2.50% of total market capitalization as of July 28, 2016, representing a decrease of 0.09% from the previous week. The total value of shares purchased by foreign investors during this period amounted to SR0.617 billion, representing 3.71% of total buying activity, and sales of SR0.564 billion representing 3.40% of total selling activity. Total ownership of foreign investors stood at 4.14% of total market capitalization as of July 28.2016, representing a decrease of 0.05% from the previous week.