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The Historic Aramco IPO Trading Has Officially Begun Today

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Saudi Aramco’s IPO has begun on Wednesday morning, becoming the largest listed company in the world with a valuation of $1.88 trillion.

Aramco has rung the opening bell for trading this morning, leading to the increase of Saudi Aramco’s shares to 35.2 riyals from 32 riyals during the first 5 minutes, gaining 10% and surpassing expectations.

The increase is expected to exceed 100% during the first ten days.

The Historic Moment

Aramco IPO Expectations

 

 

 

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