Aramco Surges 10% in Trading Debut

The video discusses the trading hours in Riyadh, the initial and growing valuation of shares, and the potential to reach a $2 trillion market cap. It highlights the Saudi government's strategy to support the process by offering fewer shares and compares the market capitalization with companies like Apple and Microsoft. The role of Goldman Sachs as a stabilization manager and the potential involvement of government funds in the coming days are also covered.

What time does the trading day end in Riyadh?

• 4:00 PM

• 2:00 PM

• 3:00 PM

• 5:00 PM

What was the initial implied valuation of Saudi Aramco?

• 1.5 trillion

• 1.7 trillion

• 1.9 trillion

• 2.0 trillion

What is the new valuation of Saudi Aramco mentioned in the transcript?

• 1.88 trillion

• 1.8 trillion

• 1.7 trillion

• 2.0 trillion

What percentage of the total market capitalization did the Saudi government offer for sale?

• 1.0%

• 2.5%

• 1.5%

• 2.0%

What role does Goldman Sachs play in the Saudi Aramco trading process?

• Market analyst

• Stabilization manager

• Lead underwriter

• Financial advisor