Adnoc Drilling Jumps 33% After Pulling Off Biggest Abu Dhabi IPO
- Shares jump to 3.05 dirhams, trading above 2.30 offer price
- Surge makes Adnoc Drilling UAE’s ninth most valuable company
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Abu Dhabi National Oil Co.’s drilling unit rose as much 33% on its trading debut, after raising 4.05 billion dirhams ($1.1 billion) in the emirate’s biggest ever listing.