By: Waleed Abdel Salam

Riyadh – Mubasher: Public Investment Fund (PIF) owns around 6.6 billion shares in 19 listed companies in the Saudi Stock Exchange (Tadawul).

Total market value for the fund’s owned-shares amounts to SAR 368.41 billion ($98.24 billion).

SABIC came on top of the shares in terms of market capitalization by about SAR 198.261 million , followed by Saudi Telecom Company (STC) by SAR 101.5 million and then comes the National Commercial Bank (NCB) by SAR 20.45 million.