Saudi Exchange to Limit Aramco Index Weighting With Cap
Saudi Exchange to Limit Aramco Index Weighting With Cap 1DUBAI (Reuters) – Saudi Arabia’s Tadawul has introduced an equity index <.TASI> cap of 15% which is set to address concerns over the weighting oil giant Saudi Aramco will have when it lists on the exchange. State-owned oil firm Aramco is expected to list 1.5% of its shares this month in a deal which could raise more than $25 billion and top the …
News story posted on 2019-12-02T07:58:00.0000000Z