New data has revealed that the most costly stocks to trade are the largest companies in each of the world’s five most important economies.
The world’s largest companies are in the top five most expensive stocks to own, with the US the only country to not feature in the chart.
The chart shows the average price per share of the biggest stock in each country.
The UK is the only other country to feature on the chart, with a price per stock that is only slightly above its peers.
The United States has the most pricey stock to own as well, with an average price of $18,600.
The charts show the average prices of the top 20 largest US stocks in each market, with China and Japan rounding out the top ten.
The US has the highest average price, at $25,100, but it has the least amount of companies in the world, with only 13 companies in that price range.
The UK is third at $19,600, followed by the US at $16,400.
In a world where the US is still the most valuable economy, the chart shows that the US has a premium to hold onto.
The chart shows how the price per dollar rises and falls with each country, but the UK and Japan remain the most profitable.
The average price for the UK has been falling for several years, but this is the first time it has surpassed $18K per share.
The average price has risen by a full $4K per year since 2010, while the average US price has been rising by just $2K per dollar.
The US also holds the highest market cap in the whole of the G7, at around $1.5 trillion, while China has the second highest, at just over $1 trillion.
The most expensive stock to trade in the US comes from the pharmaceutical industry, which has the largest market cap of $1,931.5 billion.
This means that if the pharmaceutical companies that make drugs for the US were to go bust, the US would have a massive hole in its budget.
The Chinese pharmaceutical company has the sixth highest market value in the G8, at nearly $6 trillion.
Its market value is also over $20B, with $15B of that coming from the Chinese government.
The rest of the Chinese companies are smaller and have little to no market value.
The top five biggest stock buyers in each world market have been listed in the Bloomberg Market Watch charts below.