Technology giants control the “Trillion Company Club” .. and Aramco is the exception

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Technology giants dominate the “club of trillion companies” globally, with four companies, while Saudi Aramco is the only exception, as it operates in the oil and energy sector.
According to the monitoring unit of the reports in the newspaper “Al-Iqtisadiah”, the market value of trillion companies jumped to 9.42 trillion dollars, supported by the rise of technology companies at rates ranging between 96 percent and 148 percent since the bottom of Corona until the end of last week, while the shares of Saudi Aramco rose by about 28 percent. percent.
And the map of companies, whose market value exceeds one trillion dollars around the world, changed after the outbreak of Corona, as their number became five companies, after it was only three before the pandemic.
The two famous e-commerce companies, Amazon, and Alphabet (Google), joined the trillions club of listed companies, taking advantage of the intense reliance on remote work and online shopping with home quarantine in most parts of the world.
Currently, Apple is the world’s largest company with a market value of $2.18 trillion, followed by Microsoft with $1.95 trillion, and Saudi Aramco third with a market value of $1.88 trillion.
In fourth place came Amazon, with a market value of $1.76 trillion, and fifth, Alphabet (Google) with $1.65 trillion.
Alphabet (Google) topped the rises since the bottom of Corona by 148 percent, followed by Apple 146 percent, Amazon with 114 percent, Microsoft with 96 percent, and then Saudi Aramco with 28 percent.

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Apple, which produces many products, the most famous of which are the iPhone, iPad and Mac computers, and was founded by Steve Jobs, came the top of the listed companies with a market value of about 2.18 trillion dollars, according to the last closing of the stock last Friday, June 18 (June 18). ) at $130.5, up 146 percent since the Corona low of $53.2 on March 23, 2020.

Microsoft
It was followed by Microsoft, which is famous for selling many operating programs, the most famous of which are “Windows” and “Office”, and founded by the famous businessman Bill Gates, the second largest listed company in the world in terms of market value with 1.95 trillion dollars, according to the last closing of the stock last Friday. At $259.4, up 96 percent since the coronavirus bottom of $132.5 on March 23, 2020.

Aramco Saudi Arabia
Thirdly, Saudi Aramco, the largest oil company in the world and produces a barrel of eight barrels produced around the world and the largest listed company in Saudi Arabia and the Middle East, has a market value of $1.88 trillion, according to the last share closing last Thursday at 35.25 riyals ($9.4), up 28 percent. cent since the Corona bottom of $27.65 on March 16, 2020.

Amazon
Amazon is the fourth largest company in the world in terms of market value with 1.76 trillion dollars, according to the last closing of the stock last Friday at 3846.9 dollars, up 114 percent since the Corona bottom of 1626 dollars on March 16, 2020.
Amazon, an e-commerce and cloud computing site, was founded in 1994 by businessman Jeff Bezos, and is headquartered in Seattle, Washington. It is the largest online retailer in the world in terms of total sales and market capitalization.

Alphabet
Fifth place was booked by Alphabet, the parent company of the search engine “Google”, “YouTube”, the Chrome browser and the operating program for Android phones and email, “Gmail”, with a market value of $ 1.65 trillion, according to the last closing of the stock last Friday at $ 2511.4, up 148 percent since Corona bottomed at $1013.5 on March 23, 2020.

Economic Reporting Unit





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