August 3, 2020

Aramco rises 10% in its stock market premiere

Saudi Aramco debuted this Wednesday at the Tadawul market, the Riyadh Stock Exchange, with a first price of 35.2 Riyales, which meant a 10% increase, the maximum allowed, compared to the 32 price rails of its public offer of sale (OPV), confirming itself as the most valuable company in the world, with a valuation of 1.87 trillion dollars (1.68 trillion euros).

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