Aramco's indicative debut price seen at 35.2 riyals, 10% above IPO price
Saudi Arabian Oil Co (Aramco), whose shares make their stock market debut at 0730 GMT, priced its record IPO last week, raising $25.6 billion
)
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.
Saudi Arabian Oil Co (Aramco), whose shares make their stock market debut at 0730 GMT, priced its record initial public offering (IPO) last week, raising $25.6 billion.
More From This Section
Topics : Saudi Aramco IPO Aramco
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Dec 11 2019 | 12:47 PM IST
