Price movement over the last 24 hours
Arita Prima Indonesia Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Arita Prima Indonesia Tbk trades at Rp182 (market cap 200.09B, 17.2K 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 275.3× Arita Prima Indonesia Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 17.2K). Which is the better fit depends on your goals.
| APII | MBMA | |
|---|---|---|
Market Cap | 200.09B | 55.08T |
Volume | 17.2K | 86.78M |
Lot | 172 | 867.8K |
Turnover | 3.14M | 42.63B |
Average Price | 182.51 | 491.23 |
Value | 3.14M | 42.63B |
Indicative Equilibrium Price | — | 478 |
Indicative Equilibrium Volume | — | 34.05K |
Trailing returns across standard periods
Latest headlines on both assets
PT Arita Prima Indonesia Tbk (the Company) was established on October 5, 2000. Since its founding in 2000, the company initially marketed under the brand Arita valve products manufactured by Unimech Group, a multinational business group from Malaysia that specializes in construction services and valve manufacturers, as well as supporting products. The Company is the only company that was granted by the relevant manufacturers in the distribution and marketing in Indonesia, for valve products from leading manufacturers in the world with brands Arita from Malaysia, RK Marine from China, and KVC from Japan.
Read more on APII →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 →