06/07/2020
Ekrami Abdullah from Riyadh
The Corona map, whose market value exceeds a trillion dollars worldwide, changed after the outbreak of Corona, as it became five companies after they were only three before the pandemic.
According to the monitoring unit of the reports in the "Economic" newspaper, the famous Amazon companies in the field of e-commerce, and Alphabet (Google), joined the trillions club for the listed companies, benefiting from the heavy dependence on remote work and electronic shopping with home quarantine in most parts of the world, while they exchanged Arrange by the pandemic, to become the fourth "Amazon" and "Alphabet" fifth.
The rise of these companies is in contrast to most of the globally listed stocks that have witnessed major declines since the outbreak of the virus.
The list included Saudi Aramco, Apple, and Microsoft companies only before the outbreak of the Coronavirus, and they maintained their lead and rankings after the pandemic.
The four companies work in the field of technology and electronic commerce, while Saudi Aramco is the only one operating in a different sector, which is the oil and gas sector, with a combined market value of about 7.3 trillion dollars.
Despite the decline in oil prices by about 35 percent since the beginning of the year, Saudi Aramco maintained its exports to the list with a market value of 6.56 trillion riyals ($ 1.75 trillion), according to the company's last closing on Sunday, July 5 at 32.8 riyals ( $ 8.75).
Thus, the company remains seated on the throne of listed companies, whose market value exceeds one trillion dollars, despite the rise in the shares of the other four companies by between 10 and 56 percent since the beginning of the year.
While the share of "Saudi Aramco" decreased by 7 percent in the same period, as the share price was 35.15 riyals ($ 9.37) at the end of 2019, but it is considered the best performing major oil company shares around the world.
"Apple"
Behind "Saudi Aramco" came the Apple company, which produces many products, the most famous of which are "iPhone", "iPad" and "Mac" computers. Its founding was led by Steve Jobs, with a market value of about 1.58 trillion dollars, according to the last closing of the share last Friday, corresponding to 3 July is $ 364.1, up 25 percent since the start of the year.
Microsoft
Followed by Microsoft, which is famous for selling many drivers, the most famous of which is "Windows" and "Office", and was founded by the famous businessman Bill Gates, the third-largest company in the world in terms of market value by $ 1.56 trillion, according to the last closing of the share last Friday at 206.3 dollars, up 32 percent since the beginning of the year.
Amazon
Amazon ranked the fourth largest company in the world by market value at $ 1.44 trillion, according to the last stock closing last Friday, July 3, at $ 2890.3, up 56 percent since the beginning of the year.
Amazon surpassed Alphabet (Google), which was the fourth-largest company in the world before Corona.
Amazon, an e-commerce and cloud computing website, was founded in 1994 by businessman Jeff Bezos and is based in Seattle, Washington. It is the largest internet-based retailer in the world in terms of total sales and market value.
Alphabet
Fifth place was booked by Alphabet Company, the parent company of the search engine "Google" and "YouTube" and the browser Chrome and the operating program for Android phones and e-mail "Gmail", with a market value exceeding one trillion dollars slightly, as its share closed at 1464.7 dollars last Friday, July 3 (July 3). ), Up 10 percent since the start of the year.
Aramco and Apple
"Saudi Aramco" decided to distribute cash profits for the first quarter of $ 70.3 billion riyals "$ 18.75 billion", which means the company will continue to distribute previously announced profits when it was offered for subscription despite the significant decline in oil prices while competing oil companies reduced their distributions For the same period.
These distributions are the highest among globally listed companies, 420 percent higher than their counterpart - the largest listed company behind "Aramco" - or equivalent to 5.2 times the distributions of "Apple" amounting to about $ 3.6 billion for the same period this year.
The profits of "Saudi Aramco" equals one and a half times its counterpart in Apple, whose profits in the same period amounted to about $ 11.5 billion (43 billion riyals), and this indicates that the profits of "Aramco" are higher than "Apple" 45 percent; The equivalent of 5.2 billion dollars, "19.4 billion riyals."
The net income of Saudi Aramco for the three-month period ended March 31, 2020, amounted to 62.48 billion riyals ($ 16.66 billion), compared to 83.29 billion riyals ($ 22.21 billion) for the same period in 2019.
*Economic Reports Unit
