Aramco shares are down almost 12% from a peak of 38.70 riyals on December 12, but still above the IPO price of 32 riyals that valued the company at $1.7 trillion.
DUBAI: Shares of Saudi Aramco opened at 34 riyals ($9.06) on Wednesday, their lowest level since the oil giant began trading on December 11, after Iran launched missiles on U.S. targets in Iraq.
At 0740 GMT, Aramco had recovered to 34.15 shares, but were down 0.6% compared to Tuesday.
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