MIDEAST STOCKS-Aramco advances for second day; Saudi sharply lower - Reuters:
Most major Gulf markets fell on Thursday
with Saudi leading the declines as it gave up previous session's
gains made as oil giant Aramco commenced trading on the bourse.
State-owned Aramco, however, climbed further to be
up 4.6%, the top gainer, adding to a 10% rise on its first day
of trade. The stock closed at 36.8 riyals, valuing the firm
slightly below $2 trillion.
Total turnover for the whole Riyadh market was 18.4 billion
riyals with Aramco contributing 15.8 billion riyals ($4.2
billion) of that with 417.9 million shares exchanging hands,
Refinitiv data showed.
Support was largely from Saudi and Gulf investors.
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