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
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
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
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).
