Price movement over the last 24 hours
Argo Pantes Tbk vs Bank Danamon Indonesia Tbk — how do they compare? Argo Pantes Tbk trades at Rp995 (market cap 3.16T, 107.9K 24h volume), while Bank Danamon Indonesia Tbk trades at Rp3,810 (market cap 37.16T, 1.05M 24h volume). The key difference: Bank Danamon Indonesia Tbk is far larger — about 11.8× Argo Pantes Tbk's market cap, and Bank Danamon Indonesia Tbk is more actively traded (1.05M versus 107.9K). Which is the better fit depends on your goals.
| ARGO | BDMN | |
|---|---|---|
Market Cap | 3.16T | 37.16T |
Volume | 107.9K | 1.05M |
Lot | 1.08K | 10.52K |
Turnover | 108.96M | 4.01B |
Average Price | 1,009.83 | 3,812.93 |
Value | 108.96M | 4.01B |
Indicative Equilibrium Price | 995 | 3,810 |
Indicative Equilibrium Volume | 7 | 1.23K |
Trailing returns across standard periods
Latest headlines on both assets
PT Argo Pantes Tbk (the Company) was established on July 12, 1977 based on Deed No. 30 of Darwani Sidi Bakaroedin, S.H., Notary in Jakarta. PT Argo Pantes, one of the largest integrated textile companies in Indonesia. The Company achieved ISO 9002 certification in 1997 from SGS, Indonesia, and is the flagship Company of the Argo Manunggal Group. To date, the Companys export sales has reached 80% from more than 200 international customers in 40 countries worldwide, much as : Levis, Liz Claiborne, Marks & Spencer. NIKE, NEXT, GAP, and Tommy Hilfiger.
Read more on ARGO →Bank Danamon (the Bank) domiciled in Jakarta, was established on July 16, 1956, based on the notarial deed No. 134 of Meester Raden Soedja, S.H. The Bank received its permit as a commercial bank the following September 1956, and became a foreign exchange bank in November 1988. During the Asian Financial crisis of 1997, Bank Danamon ran into a liquidity insolvency and was taken over by the government of Indonesia in April 1998, which placed in the care of the Indonesian Bank Restructuring Agency (IBRA) to be included in the bank recapitalization and merger programs. Following a third rights issue by Bank Danamon and the subsequent merging of Bank PDFCI into the Bank on December 30, 1999; the racapitalizaton of Bank Danamon which increased its statutory capital To Rp 10 trillion on May 17, 2000; and the merging of eight private banks (Bank Jaya, Bank Tiara Asia, Bank Pos Nusntara, Bank Rama, Bank Tamara, Bank Nusa Nasional, Bank Duta and Bank Bank Risjad Salim International) into Bank Danamon on June 30, 2000; Bank Danamon re-emerged as one of Indonesia’s four designated core banks along with Bank Central Asia in the private sector, and with Bank andiri and Bank BNI in the Public sector.
Read more on BDMN →