Price movement over the last 24 hours
Argo Pantes Tbk vs Perusahaan Gas Negara Tbk. — how do they compare? Argo Pantes Tbk trades at Rp995 (market cap 3.16T, 107.9K 24h volume), while Perusahaan Gas Negara Tbk. trades at Rp1,425 (market cap 34.06T, 27.87M 24h volume). The key difference: Perusahaan Gas Negara Tbk. is far larger — about 10.8× Argo Pantes Tbk's market cap, and Perusahaan Gas Negara Tbk. is more actively traded (27.87M versus 107.9K). Which is the better fit depends on your goals.
| ARGO | PGAS | |
|---|---|---|
Market Cap | 3.16T | 34.06T |
Volume | 107.9K | 27.87M |
Lot | 1.08K | 278.72K |
Turnover | 108.96M | 39.58B |
Average Price | 1,009.83 | 1,419.95 |
Value | 108.96M | 39.58B |
Indicative Equilibrium Price | 995 | 1,425 |
Indicative Equilibrium Volume | 7 | 20.79K |
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 Perusahaan Gas Negara (Persero) (the company) originated from a private Dutch company named Firma L.J.N Eindhoven & Co. Gravenhage, which was established in 1859. The company was named NV. Netherland Indische Gaz Maatscapij when the Dutch took control in 1950. In 1958, when Government of Indonesia took over company, the name was changed to Badan Pengambil Alih Perusahaan-perusahaan Listrik dan Gas (BP3LG), and then became BPU-PLN in 1961. On May 13, 1965, the company was established as a state company and known as PN Gas. In 1984, PN Gas converted into public service enterprices (perum) under the name of Perum Gas. And in 1996 the status of company was changed to PT Perusahaan Gas Negara (Persero).
Read more on PGAS →