trending Market Intelligence /marketintelligence/en/news-insights/trending/-Xs4hPCbyXsoe9r_nKlsxg2 content esgSubNav
In This List

Qatar Aluminium up 78% on IPO

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall


Qatar Aluminium up 78% on IPO

Qatar Aluminium Ltd. (Q.S.C)'s shares opened at 18 Qatari riyals, a 78% jump from the IPO price of 10.10 riyals, Reuters reported Dec. 16.

The IPO price included the offering and listing costs of 0.1 riyal per share.

Qatar Petroleum had sold 49% of its shares in unit Qatar Aluminium Manufacturing Co. Q.P.S.C. for about US$758 million in October.

As of Dec. 14, US$1 was equivalent to 3.64 Qatari riyals.