Riyadh – Mubasher: The value of foreign currency inflows in the Saudi Stock Exchange (Tadawul) reached SAR 25 billion in tandem with the second phase of the market’s upgrade in MSCI Emerging Markets Index, Tadawul’s CEO, Khalid Al Hussan, stated on Wednesday during an interview with Al Arabiya.

The value of foreign ownership on Tadawul hit more than SAR 150 billion, Al Hussan added.

The top official revealed that foreign ownership in the market stood at 8% until Tuesday’s close, noting that it is expected to rise to 10% by year-end.

Since the beginning of 2019, Tadawul’s trading value recorded SAR 200 billion, Al Hussan said.