Is Aramco IPO a good investment?

Is it a good idea to buy Aramco stocks?

Aswath Damodaran, a New York University professor, calculated Aramco at a valuation of $1.7 trillion might be a pretty good investment for Saudi nationals, but just for the dividends as the stock price won’t have much room to appreciate. These Saudi investors are getting an absolute monster of a company.

Can I invest in Aramco IPO?

The world’s biggest public float, the initial public offer (IPO) of Saudi Aramco opens on November 17 with the final share price being determined on December 5 – a day after the issue closes for institutional investors. … Being an Indian citizen, you can still invest in the IPO.

Can I buy Aramco shares now?

Nowadays only ARAMCO IPO is available on the Saudi Stock Market, click subscribe. A new page will open up where you have to choose the number of shares you are interested to buy. You can buy in the multiples of 10 at a minimum of SR 320/-. Choose the option in case of a change of final price offering.

Was Saudi Aramco IPO successful?

While this initial portion of the Aramco IPO has been quite successful, at the very least making some of the more vocal critics think twice, it did not achieve the ultimate goal of raising $100 billion for Saudi Arabia’s Public Investment Fund (PIF), and thus its efforts to diversify the Saudi economy.

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Does Aramco pay dividends?

Aramco’s current payout lags that of its competitors in relative terms. Its indicated dividend yield is roughly 4%, while BP, Chevron and Exxon Mobil Corp. all pay above 5%.

Is Saudi Arabia a good investment?

Saudi Arabia holds exciting potential and opportunity for investors. A G20 economy with a young, highly educated population of more than 30 million people. It also boasts a strategic location at the heart of major trade routes crossing three continents and bountiful natural resources.

Is Aramco on the NYSE?

Saudi Arabia decided not to list Aramco on a foreign exchange such as the New York Stock Exchange, where the kingdom would have less control over how shares were sold and marketed to investors. The vast majority of people and institutions that invested in the initial public offering, which started trading on Dec.

How do I invest in Aramco?

One of the easiest ways to get some exposure is to invest in the iShares MSCI Saudi Arabia ETF KSA, -0.41% , which is the only single-country exchange-traded fund for Saudi stocks. The ETF tracks a grouping of companies called the MSCI Saudi Arabia IMI 25/50 Index.

Can Expats buy Aramco IPO?

Can expatriates buy shares in Saudi Arabia? Yes, expatriates can invest their hard-earned money in the stock market and buy and sell shares of any company listed on Tadawul.

What is Aramco net worth?

Saudi Aramco is now worth $2 trillion, just shy of Apple, the world’s most valuable company.