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FinancialNews
23-02-22
Saudi Aramco's market capitalization reaches USD2.2 trillion
(MENAFN) On Wednesday, Saudi Aramco's market value reached a new high of USD2.2 trillion, with its shares reaching their highest level since listing.
Shares rose over 3 percent to SR40.5 (USD10.8) on the Saudi stock exchange, which witnessed over 27 million shares traded.
Amin Nasser, CEO of the oil company, recently informed Argaam that the firm is examining some assets that it may sell in the future.
The move describes the press release of oil and gas pipeline deals as part of the asset optimization program, Nasser said on the sidelines of the International Petroleum Technology Conference 2022.
MENAFN23022022000045013568ID1103751789
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