Wednesday, March 2, 2022
Saudi Aramco shares hit highest level since its listing
Saudi Aramco shares in Saudi Arabia hit their highest level since its listing and reaches 43.10 Saudi Riyals on Wednesday, 2nd March 2022.
The stock of the company closed 4% higher at 43.05 per share, its highest closing since stock debut, with nearly 40 million shares traded at a value of 1.7 billion Saudi Riyals.
- After this, Saudi Aramco's market capitalization reached to 8.61 trillion Saudi riyals, which is equivalent to 2.3 trillion dollars. Trending : 4 work injuries that covered under GOSI system
- Oil prices per barrel exceed 113 dollars during Wednesday's trading, as tensions in Eastern Europe continued, with Western countries imposing sanctions on Russia in response to its invasion of Ukraine.
- Aramco was listed on the Saudi market in December 2019. Aramco's primary goals encompass all aspects of energy-related activities, including hydrocarbons, chemicals and other related and complementary industries, or any other activity within or outside the Kingdom. Most Viewed : Friendly settlements of labor disputes to improve working conditions of expat workers
