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Saudi Arabia's Stock Market: A Heavy Reliance on Aramco

Admin
Jan 31 min read

Despite Saudi Aramco's market capitalization remaining unchanged since its 2019 IPO, the rest of Saudi Arabia's stock market has grown by 71% from December 2019 to July 2024. However, Saudi Aramco still comprises 67% of the total market capitalization on the Saudi Stock Exchange (Tadawul).



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