Riyadh – Mubasher: The trading value of the exchanged shares on the Saudi Stock Exchange (Tadawul) stood at SAR 54.73 billion ($14.59 billion) in June, declining 16.21% from May, the bourse said in a statement released Monday.
Tadawul’s market capitalisation grew 8.70% month-on-month to SAR 1.76 trillion ($470 billion).
The Saudi bourse’s last trading session during the month was on Thursday, 22 June, with the last week being a holiday on the occasion of Eid Al Fitr.
On a monthly basis, Saudi investors purchased shares worth SAR 49.42 million, representing 90.29% of total buying on the bourse, and logged SAR 50.20 billion in sales, representing 91.73% of total selling on Tadawul.
They also made up 93.35% of Tadawul’s total market capitalisation in June, registering a slight decline of 0.15% from May.
GCC investors purchased SAR 1.56 billion in shares, representing 2.84% of total buying, while GCC selling amounted to SAR 1.87 billion or around 3.41% of total sales carried out on Tadawul in June.
GCC traders’ total ownership of Tadawul’s market capitalisation was seen at 2.23%, inching down 0.05% from figures logged in May, the bourse said.
In June, foreign investors purchased shares worth SAR 3.76 billion, making up 6.86% of total buying activities, while their sales amounted to SAR 2.66 billion or 4.86% of Tadawul’s total selling.
In terms of market capitalisation, foreign investors acquired 4.43%, up 0.20% from a month earlier.
