KINCAID: Well, in a blink of an eye or rather the ringing of a bell, the world of business was transformed today.</s>KINCAID: Just minutes after that clanging, Saudi Arabian oil giant, Aramco, became the biggest and most valuable listed company in the world. Shares rocketed the maximum 10 percent permitted above the IPO value when they debuted on the Riyadh Stock Market today. Aramco is now worth almost $1.9 trillion. And if that's hard to wrap your head around, consider this, Aramco eclipses the world's next most valuable corporations Apple, Microsoft and Google's parent company Alphabet. Well, Saudi Arabia is welcoming outside investors as it tries to diversify its oil dependent economy. It's aiming for a $2 trillion valuation for Aramco, and some experts believe that could happen as soon as Thursday when the Riyadh Stock Market bell rings once more. Well that is THE BRIEF. I'm Linda Kincaid. World Sport with Don Riddell is up next. END
Aramco Now The World's Most Valuable Listed Company.