Price movement over the last 24 hours
Asahimas Flat Glass Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Asahimas Flat Glass Tbk trades at Rp3,160 (market cap 1.33T, 800 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 41.4× Asahimas Flat Glass Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 800). Which is the better fit depends on your goals.
| AMFG | MBMA | |
|---|---|---|
Market Cap | 1.33T | 55.08T |
Volume | 800 | 86.78M |
Lot | 8 | 867.8K |
Turnover | 2.52M | 42.63B |
Average Price | 3,155 | 491.23 |
Value | 2.52M | 42.63B |
Indicative Equilibrium Price | — | 478 |
Indicative Equilibrium Volume | — | 34.05K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Asahimas Flat Glass Tbk (The Company) was established within the foreign capital investment framework of Law No. 1 of 1967 and Law No. 11 of 1970, by deed of notary public Koerniatini Karim dated 7 October 1971 No. 4, as amended by deed of the same notary dated 6 January 1972 No. 9; these deeds were approved by the Minister of Justice under No. J.A.5/5/19 dated 17 January 1972. The Company is a joint venture between Asahi Glass of Japan and the Rodamas Group of Indonesia. Asahi Glass is one of the leading glass producers in the world.
Read more on AMFG →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 →