RIYADH: Foreign investors poured $1.6 billion into the Saudi Exchange during the second quarter of this year, the highest net buying in the Gulf Cooperation Council, according to an analysis.
In its latest report, Kamco Invest revealed that the Kingdom was the only market in the GCC to register net foreign buying during the second quarter, while all the other exchanges recorded net selling by foreign investors.
The report said the key factors affecting foreign investment flows in the region included geopolitical conflicts, disruptions around the Strait of Hormuz that affected oil price movements, global interest rate trends, and seasonal factors such as Eid holidays, which reduced market activity and trading volumes.
The steady performance of the Saudi Exchange comes as the Kingdom continues to attract global capital, buoyed by strong corporate earnings and ongoing economic reforms. The government aims to attract $100 billion in annual foreign direct investment by 2030.
“The quarterly data on trading activity on GCC exchanges showed all the exchanges recorded foreigners as net sellers during the second quarter of 2026, barring Saudi Arabia, which showed foreigners as net buyers to the tune of $1.6 billion during the quarter, partially offsetting the overall net sales,” said Kamco Invest.
