After briefly surpassing Exxon Mobil during Tuesday’s trading day as the world’s most valuablecompany, Apple took over the number one spot again yesterday and stayed in the lead for the first time at the close of a trading day. Despite the recent downturn on WallStreet, Apple’s stock is up 3% since March while Exxon Mobil is down 17% over the same time period. Since then, Apple has also seen its latest twelve month saleseclipse the $100 billion mark. The question now is how long will Apple stay at the top.
In the current list of 25 most valuable companies, the market value winnersare all Swiss-based companies. Nestlé, Novartis and Roche Holding, saw double-digit growth in market value over the past six months. Novartis, up 20% and RocheHolding, up 16%, showed the biggest gain in market value and jumped into the elite group of the world’s 25 most valuable companies. The other newcomer to the list isU.S-based Coca-Cola. The loser of the group is General Electric, falling 12 spots to number 20 after taking a 26% haircut in market value.
Taking a look back atthe top 25 from the Global 2000, Brazil’s Petrobas, China Construction Bank and General Electric saw the biggest decline in market value and fall in rank since March,but are still among the current top 25. Russia’s Gazprom, U.S. banks’ JPMorgan Chase and Wells Fargo, fell out of the top 25 with double-digit declines in marketvalue.
The tables below show the both looks at the world’s 25 most valuable companies: now and six months ago with % change in market value and change in rank.