Publisher: Maaal International Media Company
License: 465734
Monitoring by the Maaal newspaper indicates that the market value of ownership held by 18 women investors in the Saudi stock market, Tadawul, has increased significantly. As of the last trading day for the first half of this year, June 22, the total market value of their stake, which is 5% or more, was approximately SAR 7.43 billion. This represents a significant increase of SAR 6.17 billion, or 492.2%, from the market value of their ownership in December 2020, which was SAR 1.25 billion.
Based on the monitoring, Ghada Ahmed Mohamed Naghi holds approximately 87% of the market value of the ownership of the 18 female investors in the stock market. Her share amounts to 33% and 1.65 million shares of Future Care Company, with a current market value of about SAR 6.44 billion. This represents a significant increase of SAR 6.05 billion from the value in December 2020, which was SAR 386.1 million. The increase is due to a significant surge in the value of the Future Care Company share, which rose from SAR 2.34 at the end of the previous year to SAR 39 after the nominal value of the share was split from SAR 10 to 10 halalas.
Based on the monitoring, the market value of investments for 12 out of the 18 female investors increased during the first 6 months of this year by approximately SAR 6.19 billion. The investor with the highest gains was Ghada Naghi, with profits amounting to SAR 6.05 billion.
Lesley Mohammed Hassan. Abdullah Al-Jishi came in second place with gains of SAR 28.4 million, after the share of Nabaa Al-Saha Company, which owns 14% of its shares, rose to SAR 72 from SAR 43 last December.
Randa Hamed Sadaqa Al-Nujaimi ranked third with gains of SAR 26.2 million, as a result of the increase in the share of the Ghida Alsultan for Fast Food Co., which owns 16% of its shares, to SAR 71, compared to SAR 19.9 million at the end of 2020.
On the other hand, the market value of investments for 4 other women decreased by approximately SAR 18.1 million, with Al-Anoud Fahd Abdulaziz Abdul Rahman Al Saud experiencing the largest decline in the market value of her ownership in the market, down to SAR 10.7 million. Raghad Abdulaziz Abdullah Al-Hamid came in second with a decrease of SAR 3.8 million.
Meanwhile, the market value of the ownership of Al-Anoud Abdullah Saad Al-Drees and Haifa Saleh Ali Aba Al-Khail remained unchanged from the previous year due to the stable price of the Food Gate Company.
Of the 18 women investors, 16 were listed in the parallel market “Nomu,” while only Al-Anoud Fahd Abdulaziz Abdul Rahman Al Saud and Nour Muhanna Abdulaziz Al-Moaibed were among the major owners of the main market “TASI.” It’s worth noting that the number of women investors in the Saudi stock market has been steadily increasing, reaching approximately 1.538 million by the end of the first quarter of 2023.
It’s worth noting that four companies included in the report were listed in the current year, 2023, and therefore did not have data from December 2022. For the comparison, the data was based on the date of listing, with Nofoth company being listed in January, Balady and KnowledgeNet companies being listed in March, and Foods Gate being listed the previous April.