HomeBreakingAramco hits $2tn valuation on second day of trading

Aramco hits $2tn valuation on second day of trading

by LLB Editor
12th Dec 19 10:19 am

The market value of Saudi Aramco has reached $2tn just a day after its stock market debut.

That’s as shares in the world’s biggest oil producer rose by another 10% on their second day of trading.

Crown Prince Mohammed bin Salman had been understood to have targeted the $2tn mark when the state-controlled company’s shares were first being marketed.

 

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