Saudi Aramco's indicative debut price seen at 35.2 riyals, 10% above IPO price

Saudi Aramco's indicative debut price seen at 35.2 riyals, 10% above IPO price

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, Refinti

مصرع 4 أشخاص في حادث قطار جنوبي مصر
Tunnel network dug by YPG terrorists in Syria uncovered
Photos reveal violence against women in 50 countries

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.

($1 = 3.7500 riyals)