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Shares of Saudi Aramco rose for the third straight day as demand from passive investors has continued to increase. Listed on December 11 at an initial price of 32 Saudi riyals ($8.53) per share, following Sunday’s gains Aramco shares are now trading at 37.4 riyals ($9.97) on the Saudi Stock Exchange. These gains also mean that for the first time Aramco is valued at more than $2 trillion.

Aramco Shares Increase by 1.6%

Shares of Saudi Aramco rose for the third straight day as demand from passive investors has continued to increase. Listed on December 11 at an initial price of 32 Saudi riyals ($8.53) per share, following Sunday’s gains Aramco shares are now trading at 37.4 riyals ($9.97) on the Saudi Stock Exchange. These gains also mean that for the first time Aramco is valued at more than $2 trillion.

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