Saudi Aramco trades at theoretical open price of SAR 35.2 in pre-market auction

11/12/2019 Argaam

 

Saudi Aramco’s shares in the pre-market auction started trading at a theoretical open price (TOP) of SAR 35.2, an increase of 10% compared to the offer final price of SAR 32. The stock’s theoretical open volume stood at around 9.7 million shares.

 

Orders were placed on more than 180 million shares.

 

State-owned Saudi Aramco started trading on the Saudi Stock Exchange (Tadawul) today Dec. 11 with the symbol 2222, and a daily price fluctuation limit of ±10%.

 

Aramco’s Requests during the Pre-opening Session

Number of requested shares

Price (SAR/share)

Number of offered shares 

Price (SAR/share)

56,065,636

Market price

301,008

Market price

108,815,442

35.20

3,390

28.80

7,045

35.15

70

30.00

40,410

35.10

72,611

32

2,757

35.05

400

32.15

For more details about Saudi Aramco IPO

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