Saudi Aramco shares fall below IPO price for first time, Gulf stocks plummet after OPEC deal failure

  • 📰 CNBC
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Saudi Arabia, Abu Dhabi, Dubai and Kuwait indexes were all trading significantly lower following Sunday's market open.

Shares of Saudi state oil giant Aramco traded below their original IPO price for the first time Sunday and down 6.36% on the day.The Abu Dhabi index fell 5.8%, Dubai's Financial Market General Index was down 7.47% and Kuwait's index had plunged by 10% at 1:30 p.m. Dubai time.

Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, Sunday, Sept. 15, 2019.Shares of Saudi state oil giant Aramco traded below their original IPO price for the first time Sunday, at 30.90 riyals at 12:30 p.m. in Riyadh compared to the listing price of 32 riyals in December. That's down 6.36% on the day.

Saudi Arabia's stock exchange, the Tadawul, was down 7.7% in afternoon trading after plans to orchestrate aAramco became the world's most valuable publicly-traded company whenStock markets across the rest of the Gulf also fell dramatically during Sunday trading. Abu Dhabi, Dubai and Kuwait indexes were all down several percentage points following the market open; the Abu Dhabi index fell 5.8%, Dubai's Financial Market General Index was down 7.47% and Kuwait's index had plunged by 10% at 1:30 p.m. Dubai time.

Regional markets have been left shaky after OPEC and non-OPEC allies on Friday failed to agree on how much oil production to cut, with Russia reportedly refusing to give the green light to the deepest supply cuts since the global financial crisis.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

USA within around above USA of space edge of etc I will not run from USA

Linear cities are invaded collected by USA

China doe collected by USA James Spader etc

The story is that I become a reality machine that draws the imagination for China with their machine s linear cities impossible towns from what I drew with USA

The next recording is China s doe

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Saudi Arabia's Crown Prince Mohammed bin Salman: lifestyle, spending - Business InsiderThe Saudi crown prince has reportedly detained 3 royal family members for unknown reasons. Meet 34-year-old Mohammed bin Salman, who's at the center of human rights issues and drops millions on yachts and mansions. MBS ❤️ LIES Many members of royals families buy yachts and palaces around the world including celebrities. But when it comes to MBS, western media make it such a big news, surround it with make up stories 🤷🏻‍♂️
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »