Price movement over the last 24 hours
Alakasa Industrindo Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Alakasa Industrindo Tbk trades at Rp515 (market cap 263.99B, 140.7K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp478 (market cap 55.08T, 86.78M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 208.6× Alakasa Industrindo Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 140.7K). Which is the better fit depends on your goals.
| ALKA | MBMA | |
|---|---|---|
Market Cap | 263.99B | 55.08T |
Volume | 140.7K | 86.78M |
Lot | 1.41K | 867.8K |
Turnover | 73.46M | 42.63B |
Average Price | 522.08 | 491.23 |
Value | 73.46M | 42.63B |
Indicative Equilibrium Price | 515 | 478 |
Indicative Equilibrium Volume | 15 | 34.05K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Alakasa Industrindo Tbk was established on February 21, 1972 within the framework of the foreign capital Investment law N0. 1 1967, under the name of PT Alcan Indonesia, as a join venture enterprise (PMA company) between Alcan Aluminium Holding Ld (Alcan) and the Municipal Government of Jakarta. In August 1988, Alcan sold all of its shares to the Municipal Government of Jakarta (DKI) and the company status was consequently changed to a Domestic Capital Investment Company (PMDN Company). The Company’s name was then changed to PT Alumindo Perkasa.
Read more on ALKA →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →