The value of the 100 largest companies set a record of $ 31.7 trillion

According to PwC's annual research, ninety-nine companies in the rating have increased their capitalization. Market capitalization of the world's largest companies on average grew by 48% over the last year. Apple Inc. regained its first place in market value, ahead of Saudi Aramco (2nd place) and Microsoft Corp. (3rd place). Apple's capitalization in January 2021 reached a record $ 2.4 trillion.

Market Capitalization of Tesla Inc. also increased from $96 billion in March 2020 to $641 billion in March 2021 - thus, the rise was 565% and was the highest among the 100 companies in the ranking. Chinese food delivery platform Meituan posted the second-largest growth in market cap at 221%. China Mobile is the only company in the ranking whose market value has declined as of March 2021.

The technology sector remained the largest in terms of capitalization ($ 10.5 trillion), according to PwC. The most successful, in addition to the technological sector, were the cyclical sectors of the economy, including the industrial and raw materials, the least efficient were the health care, energy, housing and communal services sectors. The United States continues to lead the ranking both in terms of the number of companies represented in them and their total capitalization. The 59 American companies included in the ranking accounted for 65% of the total market value of the 100 companies.

The UK dropped to 10th place from 5th in terms of the number of companies in the PwC rating, as three British companies - HSBC, BP ​​and GlaxoSmithKline - dropped out of the list at once.

Source: Finance

Farid Akbarov