Market Saudi Aramco shares rise 10% on stock market debut Updated : December 12, 2019 08:03 AM IST Aramco shares closed at 35.2 riyals ($9.39) each, up from the initial public offering (IPO) price of 32 riyals and at the daily limit of price moves allowed by the Tadawul exchange. That gives Saudi Arabian Oil Co (Aramco) a market value of about $1.88 trillion, comfortably making it the world's most valuable listed company and closing in on the $2 trillion price tag. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.