Tadawul Market Cap Drops SAR 115B in a Week

The Saudi Exchange (Tadawul) lost SAR 115.37 billion in market capitalization last week, a 1.18% decline that brought the total to about SAR 9.65 trillion by June 18, exchange data showed.

Institutional investors bore the brunt of the selloff. Their holdings fell SAR 116.75 billion to SAR 9.22 trillion. Non-institutional investors, a category that includes retail traders, added SAR 1.38 billion to their positions, ending the week at SAR 423.82 billion.

Foreign investors held 4.80% of total market cap, unchanged from the prior week's ratio.

The weekly drop follows a period of relative stability for Tadawul, which had held above SAR 9.7 trillion for most of June. The exchange does not break down sector-level moves in its weekly ownership report, so the source of the selling – whether concentrated in petrochemicals, banking, or other heavyweight sectors – is not immediately clear from the data.

Tadawul's next weekly ownership report is due June 25.