Foreign investment in Saudi stock market up by 150%

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  • Banking, basic materials, energy and communications attracted the most foreign investment

RIYADH: Foreign investment in the Kingdom's stock market increased by more than 150 percent by the end of Q2 2021, compared to late 2018.

Banking, basic materials, energy and communications attracted the most foreign investment, the Capital Markets Authority said.

It added that this was as a result of the Kingdom’s efforts to develop the financial market and expand the institutional investment base.