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Combined market cap of top 100 global companies touches $20 trillion

Companies with the biggest increase in market capitalisation

g_107477_amazon_280x210.jpgImage: Shutterstock

According to a recent PricewaterhouseCoopers (PwC) report, the total market capitalisation of the world’s 100 most valuable companies increased by 15 percent from a year ago to $20 trillion as on March 31, 2018. With a $278 billion increase, Amazon is the biggest gainer followed by Tencent (up by $224 billion) and Alibaba (up by $201 billion). The Chinese firms are also the new entrants in the top 10 most valuable companies.

Apple, which saw an increase of $98 billion in its market cap, remains the most valuable public company. No Indian firm made it to the list.