According to the latest ranking of the “Global Top 100 Companies by market capitalisation”, the total market capitalisation of the 100 largest companies in the world has passed the symbolic threshold of 20 trillion dollars, and the pioneer has been Apple, which heads the world stock market ranking.

Since the global financial crisis, total market capitalization continues to increase every year. It surpasses a new record in 2018 after an already exceptional 2017. It is up 15% compared to last year ($2.597 billion in additional valuation) and follows a 12% increase in 2017.


France remains 5th in the rankings

France maintains its 5th position with 4 companies with a total market capitalisation of 532 billion dollars (+15.4% compared to last year), with LVMH (48th place), Total (53rd place), L’Oréal (64th place) and Sanofi (90th place).

LVMH and L’Oréal are the two companies that rose in the ranking, gaining 14 and 3 places respectively. Total lost one place, while Sanofi fell 33. With the best growth in France, LVMH is revalued at 156 billion dollars, while it was not even in the Top 100 in 2009.

“Our French companies have a creative talent that is recognised and in high demand internationally, which justifies the progression of LVMH and L’Oréal in the ranking. We are in a very promising niche where we have real legitimacy and there is no doubt that good years are on the horizon, subject to constant innovation to counter growing international competition,” comments Philippe Kubisa, French capital markets specialist.