Aramco indicative share price up slightly to 37 riyals

Business

FILE PHOTO: Participants attend the official ceremony marking the debut of Saudi Aramco’s initial public offering (IPO) on the Riyadh’s stock market, in Riyadh, Saudi Arabia, December 11, 2019. REUTERS/Ahmed Yosri

DUBAI (Reuters) – Saudi Aramco’s (2222.SE) shares went up slightly to 37 Saudi riyals ($9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company’s market value slightly below $2 trillion.

Aramco’s shares closed at 36.8 riyals on Thursday after hitting earlier in the day the $2 trillion price tag long sought by Saudi Crown Price Mohammed bin Salman.

Reporting by Davide Barbuscia; Editing by Muralikumar Anantharaman

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