Price movement over the last 24 hours
Argo Pantes Tbk vs Indofood Sukses Makmur Tbk. — how do they compare? Argo Pantes Tbk trades at Rp995 (market cap 3.16T, 107.9K 24h volume), while Indofood Sukses Makmur Tbk. trades at Rp6,575 (market cap 58.61T, 5.26M 24h volume). The key difference: Indofood Sukses Makmur Tbk. is far larger — about 18.5× Argo Pantes Tbk's market cap, and Indofood Sukses Makmur Tbk. is more actively traded (5.26M versus 107.9K). Which is the better fit depends on your goals.
| ARGO | INDF | |
|---|---|---|
Market Cap | 3.16T | 58.61T |
Volume | 107.9K | 5.26M |
Lot | 1.08K | 52.56K |
Turnover | 108.96M | 34.87B |
Average Price | 1,009.83 | 6,634.43 |
Value | 108.96M | 34.87B |
Indicative Equilibrium Price | 995 | 6,575 |
Indicative Equilibrium Volume | 7 | 3.58K |
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 →PT Indofood Sukses Makmur Tbk was established on August 14, 1990 under its original name PT Panganjaya Intikusuma. The Ministry of Justice in its decision letter dated July 12, 1991 approved the deed of establishment. The company’s articles of association has been amended from time to time, the latest of which was covered by notarial deed No. 149 of the same notary dated June 24, 1997 concerning, among others, the increase in the company’s authorized capital stock, the change in the company’s name from PT Indofood Sukses Makmur to PT Indofood Sukses Makmur Tbk, and the change in the company’s corporate life from limited to unlimited period. The Company started its commercial operations in 1990. The company’s shares are listed in the Jakarta and Surabaya Stock Exchanges.
Read more on INDF →