Valuation of world’s most valuable company Saudi Aramco hits $2 TRILLION ...News

Russia Today - Economy
Valuation of world’s most valuable company Saudi Aramco hits $2 TRILLION
source : Russia Today ( News ) () 28
The state-owned Saudi oil company’s stock briefly surged to 38.7 riyals ($10.32) per share on Thursday during the second day of public trading. The kingdom’s record IPO has reached the long-sought $2 trillion valuation. The figure is nearly double that of the world’s other most valuable companies, Apple and Microsoft. The oil giant raised a record $25.6 billion in its IPO last week, exceeding the $25 billion listing of China’s Alibaba in 2014. Also on rt.com Oil giant Saudi Aramco raises $25.6bn in world’s biggest public share listing Aramco’s “$2 trilli

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