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Saudi Aramco's indicative debut price seen at 35.2 riyals, 10% above IPO price

Reuters Wednesday, 11 December 2019
Saudi Aramco shares were indicated at 35.2 riyal ($9.39) each in the pre-market auction on Wednesday, 10% above their IPO price of 32 riyals, Refintiv data shows.
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News video: Saudi Aramco Becomes World's First $2 Trillion Company

Saudi Aramco Becomes World's First $2 Trillion Company 00:52

Saudi Aramco Becomes World's First $2 Trillion Company. The oil producer is now the most valuable company in the world, with runner-up Apple being valued at $1.2 trillion. The company gained roughly $300 billion in value after debuting on the Riyadh stock exchange Monday. The debut is the biggest...

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