Gulf markets plunge on U.S.-Iran tensions, Aramco hits lowest since IPO
Gulf markets plunge on U.S.-Iran tensions, Aramco hits lowest since IPO 3DUBAI (Reuters) – Gulf stocks fell sharply in late afternoon trade on Sunday, with Kuwaiti and Saudi stocks leading losses. Shares of oil giant Aramco <2222.SE>, which listed last month in a record initial public offering (IPO), fell 1.7% to hit the lowest level since it started trading on Dec 11. Iranian military commander Qassem Soleimani …
News story posted on 2020-01-05T11:23:00.0000000Z