Saudi Tadawul Archives - GV Wire

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Saudi Aramco Gains 10% in Debut to Clinch Top Seat at $1.8T

By Associated PressIn AP News, News, WorldPosted December 11, 2019

Photo of Saudi Arabia's state-owned oil company Saudi Armco and stock market officials

RIYADH, Saudi Arabia — Saudi Arabia's oil company Aramco gained 10% in its first moments on the stock market Wednesday in a dramatic debut that held until closing and pushed its value up to $1.88 trillion, surpassing Apple as the largest listed company in the world. Trading on the Saudi...