Aramco indicative share price up slightly to 37 riyals

Aramco indicative share price up slightly to 37 riyals

Saudi Aramco's shares went up slightly to 37 Saudi riyals (US$9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company's market value slightly below US$2 trillion.

Participants attend the official ceremony marking the debut of Saudi Aramco's IPO on the Riyad
FILE PHOTO: Participants attend the official ceremony marking the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia, December 11, 2019. REUTERS/Ahmed Yosri

DUBAI: Saudi Aramco's shares went up slightly to 37 Saudi riyals (US$9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company's market value slightly below US$2 trillion.

Aramco's shares closed at 36.8 riyals on Thursday after hitting earlier in the day the US$2 trillion price tag long sought by Saudi Crown Price Mohammed bin Salman.

(Reporting by Davide Barbuscia; Editing by Muralikumar Anantharaman)

Source: Reuters

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