{"id":264183,"date":"2019-12-11T19:24:25","date_gmt":"2019-12-11T22:24:25","guid":{"rendered":"https:\/\/anba.com.br\/?p=264183"},"modified":"2019-12-11T19:37:07","modified_gmt":"2019-12-11T22:37:07","slug":"aramco-shares-up-10-on-first-day-of-trading","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/aramco-shares-up-10-on-first-day-of-trading\/","title":{"rendered":"Aramco shares up 10% on first day of trading"},"content":{"rendered":"<p>Riyadh \u2013 Saudi Arabian state-run oil company <a href=\"http:\/\/www.saudiaramco.com\" target=\"_blank\" rel=\"noopener noreferrer\">Aramco<\/a>\u2019s shares climbed 10% on the first day of trading in the country\u2019s <a href=\"https:\/\/www.tadawul.com.sa\" target=\"_blank\" rel=\"noopener noreferrer\">Tadawul<\/a> stock exchange, <a href=\"https:\/\/www.arabnews.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Arab News<\/em><\/a> reported. The shares were selling for SAR 35.2 (USD 9.39) this Wednesday (11), up 10% from the price as of <a href=\"https:\/\/anba.com.br\/en\/saudi-aramco-raises-usd-25-6-bn-in-biggest-ipo-ever\/\" target=\"_blank\" rel=\"noopener noreferrer\">last week\u2019s initial public offering (IPO)<\/a>, which raised a record USD 25.6 billion.<\/p>\n<p>At USD 1.88 trillion, Aramco\u2019s market value has made it the most valued listed company in the world. According to <em>Arab News<\/em>, Aramco is worth more than the world\u2019s five biggest oil companies combined \u2013 Exxon Mobil, Total, Royal Dutch Shell, Chevron, and BP.<\/p>\n<p>The IPO saw Aramco sell 1.5% of its capital, or 3 billion shares. The IPO is another step in Saudi Arabia\u2019s Vision 2030economic modernization and diversification plan.<\/p>\n<p>The Tadawul index was up 0.83% this Wednesday, ending the day at 8,133.72 points.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-264176\">Fayez Nureldine\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Saudi Arabian state-run oil company had its initial public offering (IPO) last week. Its market value exceeds that of the world\u2019s five biggest oil companies combined.<\/p>\n","protected":false},"author":2316,"featured_media":264176,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[11910,38392,11959,12392,1964,3289,44207,10172,3636,12983],"class_list":{"0":"post-264183","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-arabia-saudita-en","9":"tag-bolsa-de-valores-en","10":"tag-gas-ar","11":"tag-ipo-en","12":"tag-oil","13":"tag-oil-and-gas","14":"tag-saudi-2-en","15":"tag-saudi-aramco-en","16":"tag-stock-exchange","17":"tag-tadawul-en"},"wps_subtitle":"The Saudi Arabian state-run oil company had its initial public offering (IPO) last week. Its market value exceeds that of the world\u2019s five biggest oil companies combined. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/264183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=264183"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/264183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/264176"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=264183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=264183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=264183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}