Price movement over the last 24 hours
Alakasa Industrindo Tbk vs Paninvest Tbk. — how do they compare? Alakasa Industrindo Tbk trades at Rp515 (market cap 263.99B, 140.7K 24h volume), while Paninvest Tbk. trades at Rp720 (market cap 2.89T, 46.9K 24h volume). The key difference: Paninvest Tbk. is far larger — about 10.9× Alakasa Industrindo Tbk's market cap, and Alakasa Industrindo Tbk is more actively traded (140.7K versus 46.9K). Which is the better fit depends on your goals.
| ALKA | PNIN | |
|---|---|---|
Market Cap | 263.99B | 2.89T |
Volume | 140.7K | 46.9K |
Lot | 1.41K | 469 |
Turnover | 73.46M | 33.5M |
Average Price | 522.08 | 714.32 |
Value | 73.46M | 33.5M |
Indicative Equilibrium Price | 515 | 720 |
Indicative Equilibrium Volume | 15 | 1 |
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 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 →