Price movement over the last 24 hours
Argo Pantes Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Argo Pantes Tbk trades at Rp995 (market cap 3.16T, 107.9K 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 17.4× Argo Pantes Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 107.9K). Which is the better fit depends on your goals.
| ARGO | MBMA | |
|---|---|---|
Market Cap | 3.16T | 55.08T |
Volume | 107.9K | 86.78M |
Lot | 1.08K | 867.8K |
Turnover | 108.96M | 42.63B |
Average Price | 1,009.83 | 491.23 |
Value | 108.96M | 42.63B |
Indicative Equilibrium Price | 995 | 478 |
Indicative Equilibrium Volume | 7 | 34.05K |
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 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 →