Saudi Aramco shares spike 10% on its opening day of trading
Shares in Aramco, the Saudi-owned oil giant, spiked 10% Wednesday when they hit the market in the world's biggest-ever IPO. Due to regulations on the Tadawul, a 10% spike was the maximum possible for the debut. The offering raised $25.6 billion, according to the Financial Times, putting it just ahead of the previous record IPO, which was the $25 billion amassed by Alibaba in 2014 in the New York Stock Exchange. This is a developing story, more to follow.
Shares in Aramco, the Saudi-owned oil giant, spiked 10% Wednesday when they hit the market in the world's biggest-ever IPO. Due to regulations on the Tadawul, a 10% spike was the maximum possible for the debut. The offering raised $25.6 billion, according to the Financial Times, putting it just ahead of the previous record IPO, which was the $25 billion amassed by Alibaba in 2014 in the New York Stock Exchange. This is a developing story, more to follow.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Saudi Aramco IPO: Only 1.5% of shares tradable, among lowest in world - Business InsiderMost large-cap companies offer far more of their stock in IPOs. Apple, Amazon, and Alphabet all have more than 84% of their shares listed publicly.
Leer más »
Saudi Aramco shares surge to hit their daily 10% limit as historic IPO begins tradingSaudi Aramco, the world's largest initial public offering (IPO), surged past expectations as it debuted on the country's stock exchange on Wednesday morning.
Leer más »
Non-Saudi investors get 23% of Aramco IPO institutional trancheNon-Saudi investors in oil giant Saudi Aramco's initial public offering hav...
Leer más »
Saudi Aramco starts trading after record $25.6 billion IPOBREAKING: Saudi Arabia's oil company Aramco is now listed and has started trading on the Saudi Tadawul stock exchange for the first time after a mammoth $25.6 billion initial public offering that set the record as the biggest ever in history.
Leer más »
Aramco Shares Rise 10% After World’s Biggest IPOSaudi Aramco shares jumped after the world’s largest initial public offering. The trading debut caps a four-year drive by Crown Prince Mohammed bin Salman to deliver the listing of the state-backed oil company.
Leer más »