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Foreign, GCC investors increase purchases on Tadawul last week

Foreign, GCC investors increase purchases on Tadawul last week
Buys of foreign and Gulf investors netted SAR 216.13 million and SAR 140.26 million, respectively.

Riyadh – Mubasher: Foreign and GCC investors increased their purchases on the Saudi Stock Exchange (Tadawul) during the week ended on 11 February 2021, whereas Saudi investors continued to record sales deals. 

Buys of foreign and Gulf investors netted SAR 216.13 million and SAR 140.26 million, respectively, last week, whereas net sells of Saudi investors reached SAR 356.39 million, according to official data.

In the meantime, total purchases of foreign investors hit SAR 2.6 billion while sells amounted to SAR 2.38 billion.

Moreover, GCC investors logged purchases of SAR 423.2 million and sales of SAR 282.94 million, while local investors registered sells and buys worth SAR 55.54 billion and SAR 55.18 billion, respectively.

Meanwhile, all of the market's sectors ended in the green and the Tadawul All Share Index (TASI) saw its highest weekly gains in around three months, adding 3.78% or 325.98 points and reaching the level of 8,943.85 points.