Price movement over the last 24 hours
ABM Investama Tbk vs Krakatau Steel (Persero) Tbk. — how do they compare? ABM Investama Tbk trades at Rp2,290 (market cap 6.3T, 238.5K 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp216 (market cap 4.18T, 16.47M 24h volume). The key difference: ABM Investama Tbk is the larger of the two by market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (16.47M versus 238.5K). Which is the better fit depends on your goals.
| ABMM | KRAS | |
|---|---|---|
Market Cap | 6.3T | 4.18T |
Volume | 238.5K | 16.47M |
Lot | 2.39K | 164.67K |
Turnover | 547.11M | 3.58B |
Average Price | 2,293.95 | 217.23 |
Value | 547.11M | 3.58B |
Indicative Equilibrium Price | 2,290 | 216 |
Indicative Equilibrium Volume | 29 | 725 |
Trailing returns across standard periods
Latest headlines on both assets
ABM Investama, PT (the company) was established under its original name of PT Adiratna Bani Makmur on Jun 1, 2006 then changed to PT ABM Investama Tbk based on Notaries Deed dated Aug 31, 2009. The deed of establishment was approved by the the Ministry of Justice dated Oct 16, 2009. The Company’s articles of association has been amended several times, most recently by notarial deed No. 163 of Mrs. Aulia Taufani, S.H., dated Jul 21, 2011, concerning among others, public offering of stock.
Read more on ABMM →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →