Foreign investors bought a net $229 million of Saudi Arabian equities last week, exchange data showed on Sunday, indicating overseas demand remained strong despite a pull-back by the market index in the early part of the week.
Buying by all types of foreign investor totalled $441 million and selling $213 million, with investors using swaps buying almost twice as much on a net basis as qualified foreign institutions, which invest directly. Net buying fell from $301 million in the previous week but was still the fourth highest weekly total this year. Foreigners have been net buyers every week so far in 2018.