UPDATE 6-‘Vindication’ – Saudi Arabia hails 10% debut jump in Aramco shares
Saudi Aramco
shares surged the maximum permitted 10% above their IPO price on
their Riyadh stock market debut on Wednesday, in a move hailed
by the government as a vindication of its towering $2 trillion
valuation of the state oil company.
shares surged the maximum permitted 10% above their IPO price on
their Riyadh stock market debut on Wednesday, in a move hailed
by the government as a vindication of its towering $2 trillion
valuation of the state oil company.
Posted by Reuters
