Foreign selling of Saudi stocks slows in latest week- exchange | ZAWYA MENA Edition:
"Selling of Saudi Arabian equities by foreign investors eased last week after increasing sharply early this month in response to the kingdom's sweeping crackdown on corruption, exchange data released on Monday showed.
Immediately after the purge was announced, foreign investors were heavy net sellers of Saudi stocks. In the week to Nov. 9, they sold 2.00 billion riyals ($533 million) and bought 917 million riyals.
In the latest week to Nov. 16, they remained net sellers but by a much smaller margin, of 748 million riyals to 439 million riyals. "
'via Blog this'
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