Price movement over the last 24 hours
Argo Pantes Tbk vs Indah Kiat Pulp & Paper Tbk. — how do they compare? Argo Pantes Tbk trades at Rp995 (market cap 3.16T, 107.9K 24h volume), while Indah Kiat Pulp & Paper Tbk. trades at Rp7,075 (market cap 40.62T, 2.84M 24h volume). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 12.9× Argo Pantes Tbk's market cap, and Indah Kiat Pulp & Paper Tbk. is more actively traded (2.84M versus 107.9K). Which is the better fit depends on your goals.
| ARGO | INKP | |
|---|---|---|
Market Cap | 3.16T | 40.62T |
Volume | 107.9K | 2.84M |
Lot | 1.08K | 28.45K |
Turnover | 108.96M | 20.44B |
Average Price | 1,009.83 | 7,184.56 |
Value | 108.96M | 20.44B |
Indicative Equilibrium Price | 995 | 7,075 |
Indicative Equilibrium Volume | 7 | 466 |
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 Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
Read more on INKP →