saudiaramco

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    Aramco, the Saudi-owned oil giant, spiked 10% Wednesday when they hit the market in the world's biggest-ever IPO.

    Saudi Aramco (SE:2222) IPO begins trading on Tadawul Exchange (Saudi Exchange). It replaced Alibaba to top the world IPO record with US$25.6 billion raised. At this level, Aramco would have a market valuation of $1.7 trillion, overtaking Apple Inc as to the most valuable listed firm. The shares...
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