Investors Bite

Saudi Aramco to Be Listed on Wednesday, Dec 11, 2019; Opening Auction On The First Day Of Trading

Culled—Proshare December 6, 2019 By Tadawul The Saudi Stock Exchange (Tadawul) announces that the listing and trading of the Saudi Arabian Oil Company (Saudi Aramco) will start on Wednesday 11/12/2019G, with the symbol 2222, and a +10% daily price fluctuation limit. On the first day of trading only, the opening […]

Investors Lose N70.77bn WoW as NSEASI Dips by -0.54% to Close the Week Negative

Culled—Proshare December 6, 2019 Proshare MARKETS   Reference: Proshare MARKETS Equities market closed today on a negative note, as NSEASI depreciated by -0.22% to close at 26,855.52 points as against -0.09% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -14.56%.  See Index Performance Trend          Market Breadth (Look Up Market Data) Market breadth […]

Saudi Aramco Makes Historic IPO, Raises $25.6bn

Culled—Proshare December 6, 2019 By CNN Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly. Saudi Aramco sold 3 billion shares at 32 riyals ($8.53) each in its IPO, the company said Thursday. That […]