Price movement over the last 24 hours
Alakasa Industrindo Tbk vs PP (Persero) Tbk. — how do they compare? Alakasa Industrindo Tbk trades at Rp515 (market cap 263.99B, 140.7K 24h volume), while PP (Persero) Tbk. trades at Rp192 (market cap 1.23T, 7.48M 24h volume). The key difference: PP (Persero) Tbk. is far larger — about 4.7× Alakasa Industrindo Tbk's market cap, and PP (Persero) Tbk. is more actively traded (7.48M versus 140.7K). Which is the better fit depends on your goals.
| ALKA | PTPP | |
|---|---|---|
Market Cap | 263.99B | 1.23T |
Volume | 140.7K | 7.48M |
Lot | 1.41K | 74.82K |
Turnover | 73.46M | 1.47B |
Average Price | 522.08 | 195.81 |
Value | 73.46M | 1.47B |
Indicative Equilibrium Price | 515 | 192 |
Indicative Equilibrium Volume | 15 | 1.24K |
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 PP (Persero) was established under the name of NV Pembangunan Perumahan based on the Notarial Deed No. 48 of August 26, 1953. At the time it was established PT PP (Persero) was entrusted to build houses for the officers of PT Semen Gresik Tbk, a subsidiary of BAPINDO in Gresik. Along with increased trust, PT PP (Persero) received the duty to construct large projects that were related to war compensations the Government of Japan paid to the Republic of Indonesia, namely : - Hotel Indonesia, Bali Beach Hotel, - Ambarukmo Palace Hotel and - Samudera Beach Hotel.1960 In compliance to Government Regulation No. 63 year 1960, PN (Perusahaan Negara) Pembangunan Perumahan changed into PN Pembangunan Perumahan. 1962 In 1962, PT PP (Persero) completed the construction of Hotel Indonesia, a 14 stories with 427 rooms, which at the time was the highest building in Indonesia. 1971 In compliance to the Government Regulation No. 39 year 1971, PN Pembangunan Perumahan changed and become PT Pembangunan Perumahan (Persero), which was legalized through the Deed No. 78 dated March 15, 1973. The Company's core business was construction services. 1991-2007 For more than five decades, PT PP (Persero) has been a key player in the national construction business. Several mega projects have been constructed in that period. Subsequently, starting in 1991, PT PP (Persero) diversified its business, including office space rental at Plaza PP and realty business development in the area of Cibubur, and also the establishment of several subsidiaries through partnerships with foreign companies, among others PT PP Taisei Indonesia Construction and PT Mitracipta Polasarana.
Read more on PTPP →