Saudi oil company Saudi Aramco has become the most expensive company of the year, after put its shares on the national stock exchange Tadawul. This initial placement was the largest in history.
Rating value companies on the basis of data exchanges published daily business newspaper Handelsblatt of Germany.
After Saudi Aramco are American companies — Apple and Microsoft, the Internet giants Google and Amazon and Facebook the company.
In the seventh place in terms of capitalization, the Chinese company Alibaba group, one the world's largest trading platforms.
In General, the list of the 100 companies were 56 of us companies. But the European business is losing ground: the most successful companies in Switzerland. Food manufacturer Nestle is a 14-th line, the pharmaceutical holding Roche is on the 24th place.
According to the compilers of the rating, American companies felt the pulse of time, developing a digital model of doing business, German companies, by contrast, misjudged the prospects and in General, Europeans are still in the search for a convincing model of business development in the future.
"the Central drivers of the rally in the global stock market are low interest rates and lots of cheap money. This is mainly in the U.S. technology sector", says Handelsblatt.
Many stock prices are at record high levels, but the economic cycle in the US comes to an end, and the income of corporations at best are stagnating or growing very slowly. This mixed situation is actually a perfect reason to say goodbye to the stock markets.
