The giants of the Stock market in 2019: Aramco recovers the throne for a oil eight years after

A oil returns to become the listed company of greater value. The ipo of the saudi Aramco at the beginning of December, moved to the technological us of the plac

The giants of the Stock market in 2019: Aramco recovers the throne for a oil eight years after

A oil returns to become the listed company of greater value. The ipo of the saudi Aramco at the beginning of December, moved to the technological us of the place that it occupied since 2012. And so it has remained until the end of 2019, ending the year with the largest oil company in the world valued at almost 1.7 billion euros, half a billion more than Apple. But Aramco is an exception. The technology companies of the first world power continue to dominate the trading floors: four of the five largest listed companies are part of this sector and are of american nationality.

The ipo of Aramco has been the largest in history. Saudi Arabia sold 1.5% of its large oil and raised with the operation 23,000 million dollars. That was already since their debut last November 11 that this firm, capable of pumping 10 million barrels of oil daily, with great profitability and owner of vast reserves of crude oil, became the largest listed company in the world. Exceeded as well to Apple, who has served in that position since 2012 in the list that elaborates on Bloomberg.

In the early days of its ipo, the titles of Aramco went up and the company came to be worth more than two trillion dollars. But after these actions gave ground and is now moving close to the values of its premiere on the parquet floor.

The global giants of the Bag

Data as of 31 December.

(*) Were not among the first 50 in 2018

go Up

remain

Down

2019

18

Company

Sector

Country

Aramco

Apple

Microsoft

Alphabet

Amazon

Facebook

Alibaba

Berkshire

Tencent

JPMorgan Chase

Johnson&Johnson

Visa

Walmart

Nestlé

Bank of America

Procter & Gamble

Mastercard

Exxon Mobil

Bank ICBC

Samsung

Taiwan's TSMC

AT&T

Roche

UnitedHealth

Walt Disney

Intel

Verizon

Novartis

Home Depot

Coca-Cola

LVMH

Royal Dutch Shell

Toyota Motor

Merck

Chevron

Wells Fargo

Ping An Insurance

China Construction Bank

Pfizer

Kweichow Moutai

Comcast

Cisco Systems

Pepsico

Boeing

Agricultural Bank of China

Citigroup

China Mobile

Oracle

SAP

L'oréal

1.675.276

1

*

Energy

1.163.240

2

2

Technology

1

3

1.072.569

Technology

4

4

Technology

822.787

816.781

3

5

Technology

6

7

Technology

521.832

7

8

Trade

507.287

5

8

Investments

493.632

6

9

410.459

Teleco

10

10

Finance

389.801

9

11

Consumption

342.269

11

12

Finance

329.758

13

13

Trade

300.598

16

14

Consumption

287.876

18

15

Finance

282.444

21

16

Consumption

277.692

33

17

Finance

268.562

12

18

Energy

263.222

19

14

Finance

262.572

28

20

Technology

257.183

21

36

Technology

256.236

22

27

Teleco

254.514

23

25

Pharmacy

249.098

24

19

Health

248.310

42

25

Media /Entertainment

232.405

24

26

Technology

232.108

20

27

Teleco

226.393

22

28

214.427

Pharmacy

29

35

Trade

212.377

30

30

Consumption

211.424

48

31

Trade

209.244

17

32

Energy

208.358

37

33

Car

206.502

31

34

Pharmacy

206.441

Energy

35

26

203.153

Finance

36

23

202.859

Finance

37

47

196.939

Finance

38

29

193.979

Pharmacy

15

39

193.308

Consumption

*

40

190.262

Media

46

41

182.389

Technology

42

34

181.390

Consumption

43

44

169.906

Aviation

44

38

163.449

Finance

40

45

162.810

Finance

*

46

155.497

Teleco

47

32

153.429

Technology

43

48

151.508

Technology

49

*

147.739

Consumption

50

*

147.261

Source: Bloomberg and own elaboration

THE COUNTRY

The global giants of the Bag

Data as of 31 December.

(*) Were not among the first 50 in 2018

go Up

remain

Down

2019

2018

Company

Sector

Country

Aramco

1.675.276

Energy

*

1

Apple

Technology

1.163.240

2

2

Microsoft

1.072.569

Technology

1

3

Alphabet

Technology

822.787

4

4

Amazon

816.781

Technology

3

5

Facebook

Technology

521.832

7

6

Alibaba

Trade

507.287

8

7

Berkshire

Investments

493.632

5

8

Tencent

410.459

Teleco

6

9

JPMorgan Chase

Finance

389.801

10

10

Johnson&Johnson

Consumption

342.269

9

11

Visa

Finance

329.758

11

12

Walmart

Trade

300.598

13

13

Nestlé

Consumption

287.876

16

14

Bank of America

Finance

282.444

18

15

Procter & Gamble

Consumption

277.692

21

16

Mastercard

Finance

268.562

33

17

Exxon Mobil

Energy

263.222

12

18

Bank ICBC

Finance

14

19

262.572

Samsung

Technology

257.183

28

20

Taiwan's TSMC

Technology

256.236

36

21

AT&T

Teleco

27

254.514

22

Roche

Pharmacy

249.098

25

23

UnitedHealth

Health

248.310

19

24

Walt Disney

Media / Entertainment

232.405

42

25

Intel

Technology

232.108

24

26

Verizon

Teleco

226.393

20

27

Novartis

214.427

Pharmacy

22

28

Home Depot

Trade

212.377

35

29

Coca-Cola

Consumption

211.424

30

30

LVMH

Trade

209.244

48

31

Royal Dutch Shell

Energy

208.358

17

32

Toyota Motor

Car

206.502

37

33

Merck

Pharmacy

206.441

31

34

Chevron

Energy

203.153

26

35

Wells Fargo

Finance

202.859

23

36

Ping An Insurance

Finance

196.939

47

37

China Construction Bank

Finance

193.979

29

38

Pfizer

Pharmacy

193.308

15

39

Kweichow Moutai

Consumption

190.262

*

40

Comcast

Media

182.389

46

41

Cisco Systems

Technology

181.390

34

42

Pepsico

Consumption

169.906

44

43

Boeing

Aviation

163.449

38

44

Agricultural Bank of China

Finance

162.810

40

45

Citigroup

Finance

155.497

*

46

China Mobile

Teleco

153.429

32

47

Oracle

Technology

151.508

43

48

SAP

Technology

147.739

*

49

L'oréal

Consumption

50

*

147.261

Source: Bloomberg and own elaboration

THE COUNTRY

The global giants of the Bag

Data as of 31 December. (*) Were not among the first 50 in 2018

go Up

remain

Down

market Capitalization

(in millions of euros)

Country

Sector

2019

2018

Company

*

1.675.276

1

Aramco

Energy

2

1.163.240

2

Apple

Technology

1

1.072.569

3

Microsoft

Technology

4

822.787

4

Alphabet

Technology

816.781

3

5

Amazon

Technology

7

6

Facebook

Technology

521.832

507.287

8

7

Alibaba

Trade

493.632

5

8

Berkshire

Investments

410.459

6

9

Tencent

Teleco

389.801

10

10

JPMorgan Chase

Finance

342.269

9

11

Johnson&Johnson

Consumption

329.758

11

12

Visa

Finance

300.598

13

13

Walmart

Trade

16

287.876

14

Nestlé

Consumption

18

282.444

15

Bank of America

Finance

277.692

21

16

Procter & Gamble

Consumption

33

268.562

17

Mastercard

Finance

12

263.222

18

Exxon Mobil

Energy

262.572

14

19

Bank ICBC

Finance

28

20

Samsung

257.183

Technology

256.236

36

21

Taiwan TSMC

Technology

27

254.514

22

AT&T

Teleco

25

249.098

23

Roche

Pharmacy

248.310

19

24

UnitedHealth

Health

42

232.405

25

Walt Disney

Media / Entertainment

232.108

24

26

Intel

Technology

226.393

20

27

Verizon

Teleco

214.427

22

28

Novartis

Pharmacy

212.377

35

29

Home Depot

Trade

211.424

30

30

Coca-Cola

Consumption

209.244

48

31

LVMH

Trade

208.358

17

32

Royal Dutch Shell

Energy

206.502

37

33

Toyota Motor

the Car

206.441

31

34

Merck

Pharmacy

203.153

26

35

Chevron

Energy

202.859

23

36

Wells Fargo

Finance

196.939

47

37

Ping An Insurance

Finance

193.979

29

38

China Construction Bank

Finance

193.308

15

39

Pfizer

Pharmacy

190.262

*

40

Kweichow Moutai

Consumption

182.389

46

41

Comcast

Media

181.390

34

42

Cisco Systems

Technology

169.906

44

43

Pepsico

Consumption

163.449

38

44

Boeing

Aviation

162.810

40

45

Agricultural Bank of China

Finance

155.497

*

46

Citigroup

Finance

153.429

32

47

China Mobile

Teleco

151.508

43

48

Oracle

Technology

147.739

*

49

SAP

Technology

147.261

*

50

L'oréal

Consumption

Source: Bloomberg and own elaboration

THE COUNTRY

The position of the company arab returns to an oil the scepter of the market of the income variable. For many years, the companies of this sector were the most valued. The u.s. Exxon was a tenant's usual place now occupied by Aramco at the beginning of the century until he moved to Apple, although at some point, he ceded the position to Petrochina.

But this position of the energy company saudi arabia is something of an exception. The next oil the list of the 50 largest listed companies at the end of the year it is, precisely, Exxon, which appears in the place number 18. And then, Royal Dutch Shell and Chevron. There are no more.

That there are only four oil companies in this select club shows how it has changed the world in this last decade. In 2009, there were 12. Ten years later, doubts about the future of the business of crude oil and fossil fuels (renewable energy, climate change), lead to investors to bet on other sectors. And among these stand out, for several years now, the technology.

it Also points to where it goes the world economy that the five that follow Aramco in the list compiled with data from Bloomberg of five technological americans: Apple, Microsoft, Alphabet (the array of Google), Amazon and Facebook. The domain of this sector is evident in that the 50 largest companies in the world, 11 belong to him.

Another proof that investors see the technology as the queens of the hardwood floor is that its price continues to climb. Apple and Microsoft exceeding one trillion dollars —and euros—, when a year ago they were pretty far away; and the other two graze: Alphabet and Amazon.

And this not only happens with high-tech firms american, is also seen with those of other countries. The Korean Samsung and taiwan's TSMC have advanced positions in 2020. The first goes from position 28 to 20, and the second from 36 to 21, jumping fifteen positions.

hand In hand with the growing technological domain of trading floors, has increased still more the traditional hegemony stock of u.s. companies. 10 years ago, among the 50 largest capitalization had 24 firms from that country. 2019 has finish with 31, the same that I had at the end of 2018.

In this period, only China, a country with which the U.S. maintains a trade war, it seems aguantarle the pulse. The signatures of the asian giant dealt the first places of the list. Alibaba is the chinese company of greater size. Despite the fact that in 2019 the oil company Aramco snatched the grand bazaar, technological the honor of being the largest ipo in history, their titles have gone up around 55%. Not even the departure of Jack Ma, the richest man in the asian country, after 20 years at the helm of the company, has slowed his climbing.

Another chinese company that sneaks into the top ten is the telecommunications firm Tencent, which goes from sixth to ninth place. Then there are other various sectors, which the finance have a role destacdo: banks ICBC, China Construction Bank and Agricultural Bank of China or the insurance company Table. Precisely the asian giant comes one of the infocused highlights this year in the list, the business of consumption, Kweichow Mouta, who is ranked number 40.

The decline of europe

And against the thrust of the two great giants of the economiá world, is the little prominence of european enterprises in the parquet flooring. In 2009 the Uk placed seven companies among the 50 largest in the world by capitalization; France and Switzerland, three; Spain, two, and Holland, Italy or Russia one. In 2019, however, between all the countries of the Old Continent add up to seven. Another one of those evidences that show the parquet flooring of what happened in the last decade in the world economy.

Of the european countries, the companies that best resist are the swiss. In fact, the three that appear (Nestlé and the chemical Roche and Novartis) are the same as 10 years ago. France, in contrast, has lost representatives in the passing of three (Total, EDF and Sanofi-Aventis) to two (LVMH and L'oréal). Also place a company in Germany (the technological SAP) and the United Kingdom and the Netherlands (the national oil company of Anglo Dutch Shell). Instead, go away companies in countries such as Russia, Italy or Spain.

For its part, Japan only maintains a representative in this club: Toyota. The car manufacturer nippon is the only company of this sector in full restructuring that holds among those that have a higher market capitalization.

Five Spanish among the first 500

In the last 10 years, Spanish companies have disappeared from the list of 50 largest companies by market value in the world. At the end of 2009, is filtered on that list Banco Santander and Telefonica.

10 years ago (and two recessions) after you have gone. You have to go back to the post number 102 from the list that elaborates on Bloomberg to find: Inditex. The textile company that he chairs Paul Island, owner of brands like Zara, has a market value of close to 100,000 million euros.

The following is Spanish Bank Santander, which appears in the 178. Its market value at the close of the year was approximately 62,000 million euros. After is Iberdrola, the power that directs Ignacio Sánchez Galán, is about 60,000 million and ranks 193. It's down enough to find the other two Spanish companies: BBVA (412) and Phone (430).

Updated Date: 03 January 2020, 09:00

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