Following the largest-ever initial public offering, Saudi Aramco’s shares will be listed and start trading on the main market of the Saudi oil exchange on Wednesday, December 11, the Saudi Stock Exchange, Tadawul, said in a statement on Friday. On Thursday, Saudi Aramco announced the final offer price for the offering. Saudi Arabia’s state oil giant priced its IPO at the top end of the range—32 Saudi riyals ($8.53), which made the share listing the largest in history , surpassing the US$25-billion IPO of Alibaba on the New York Stock Exchange in 2014. At the start of the book-building process, Aramco had set an indicative price range of 30-32 Saudi riyals , (US$8-$8.53), per share, in its long-awaited IPO. The upper end of the pricing range gives the company a total value of some US$1.7 trillion . When its shares start trading on the Saudi stock exchange next week, […]