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An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) following 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 shares jumped 10% at market open on Thursday to 38.7 riyals, implying a market value of $2 trillion, before dipping in early trade, Refinitiv data showed.
Shares in the state-owned oil giant were trading around 37 riyals by 0711 GMT, up 5.5% from Wednesday’s close.
Reporting by Davide Barbuscia; Editing by David Goodman
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