UPDATE 6-'Vindication' - Saudi Arabia hails 10% debut jump in Aramco shares
December 11, 2019 at 07:05 AM EST
Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, in a move hailed by the government as a vindication of its towering $2 trillion valuation of the state oil company.