Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to Saudi Arabia's government as it seeks funds to help pay for a massive economic transformation plan.
The government had demand for all shares on offer in a few hours after books opened, according to terms of the deal seen by Bloomberg News.
Books were covered within the price range of 26.70 riyals ($7.12) to 29 riyals.