Oil giant Saudi Aramco shares skyrocket over 4% to close at record high

  • 2/21/2022
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RIYADH: Shares in Saudi Aramco soared over 4 percent to an all-time closing high in Monday’s trading session on the Saudi stock exchange. At the closing bell, the share price hit SR39.3 ($10.5) yielding a market cap of $2.09 trillion. Earlier in the session the shares hit an all-time high of SR40. Most recently, a four percent stake of the oil giant had been transferred to Saudi Arabia"s sovereign wealth fund in an $80 billion deal.

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