Foreign Funds Pull SAR 472M from TASI in a Week

Foreign institutions were net sellers of stocks on Saudi Arabia's Main Market (TASI) last week, offloading SAR 472.2 million in the period ended July 2, the Saudi Exchange (Tadawul) said.

The selling came as the Tadawul All Share Index slipped 0.6% over the same stretch, though the broader trend for the year remains positive. Foreign investors have been net buyers of Saudi equities for most of 2025, with the latest week marking a reversal of that flow.

Tadawul's weekly institutional activity report breaks out trading by investor type. The data showed foreign institutions accounted for roughly 12% of total market turnover during the week, slightly below their recent average. The net outflow was concentrated in large-cap names, traders said.

Saudi Arabia's stock exchange has drawn increasing foreign interest since its 2019 inclusion in the MSCI Emerging Markets Index. International funds now hold about 4% of TASI's free-float market value, according to exchange data. The weekly selling does not signal a structural shift, several Riyadh-based fund managers said. It reflects routine portfolio rebalancing and profit-taking after a strong first half.

TASI is up roughly 15% year-to-date, outperforming most Gulf peers. The index has been supported by high oil prices, a robust domestic economy, and government spending under Vision 2030. Foreign inflows into Saudi equities totaled SAR 18 billion in the first five months of 2025, exchange data show.

The SAR 472.2 million weekly outflow is modest relative to the market's average daily turnover of about SAR 8 billion. A single session of heavy buying or selling can swing the weekly net figure by a similar magnitude. The data point is worth watching for a trend, not a single week's print.

Tadawul releases the weekly institutional flow data every Sunday. The next report, covering the week ended July 9, is due July 13.