Price movement over the last 24 hours
ABM Investama Tbk vs Paninvest Tbk. — how do they compare? ABM Investama Tbk trades at Rp2,290 (market cap 6.3T, 238.5K 24h volume), while Paninvest Tbk. trades at Rp720 (market cap 2.89T, 46.9K 24h volume). The key difference: ABM Investama Tbk is far larger — about 2.2× Paninvest Tbk.'s market cap, and ABM Investama Tbk is more actively traded (238.5K versus 46.9K). Which is the better fit depends on your goals.
| ABMM | PNIN | |
|---|---|---|
Market Cap | 6.3T | 2.89T |
Volume | 238.5K | 46.9K |
Lot | 2.39K | 469 |
Turnover | 547.11M | 33.5M |
Average Price | 2,293.95 | 714.32 |
Value | 547.11M | 33.5M |
Indicative Equilibrium Price | 2,290 | 720 |
Indicative Equilibrium Volume | 29 | 1 |
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 Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →