Saudi shares rise 20% in August 2019

Saudi shares rise 20% in August 2019

The total market value of shares traded for the month of August of this year amounted to SAR78.72bn, with an increase of 20.82% compared to the previous month, while the total market value of listed shares amounted to SAR1,902.41bn by the end of this period, with a decrease of 7.53% compared to the previous month.

According to the monthly performance report of the Saudi Stock Exchange (Tadawul) issued on Sunday, the total value of shares purchases by “Saudi Investors” during this period amounted to SAR35.88bn, representing 45.58% of the total purchases.

The total value of sales transactions amounted to SAR48.78bn representing 61.91% of total selling activity. While the total ownership of “Saudi Investors” stood at 89.77% of total market value for listed shares as of August 29, 2019, with a decrease of 0.44% compared to the previous month.

The market value of Saudi shares is SAR1.9tn.

The total value of shares purchased by “GCC Investors” during this period amounted to SAR0.65bn representing 0.82% of total purchases, while the total value of sales transactions amounted to SAR1.85bn representing 2.35% of total sales transactions.

The total ownership of “GCC Investors” stood at 1.90% of total market value for listed shares as of August 29, 2019, with a decrease of 0.04% compared to the previous month.

The total value of shares purchased by “Foreign Investors” during this period amounted to SAR42.20bn representing 53.60% of total sales transactions, while the total value of sales transactions amounted to SAR28.13bn representing 35.73% of total sales transactions.

The total ownership of “Foreign Investors” stood at 8.33% of total market value for listed shares as of August 29, 2019, with an increase of 0.47% compared to the previous month.