Price movement over the last 24 hours
Argo Pantes Tbk vs Tower Bersama Infrastructure Tbk. — how do they compare? Argo Pantes Tbk trades at Rp995 (market cap 3.16T, 107.9K 24h volume), while Tower Bersama Infrastructure Tbk. trades at Rp1,390 (market cap 31.83T, 683.7K 24h volume). The key difference: Tower Bersama Infrastructure Tbk. is far larger — about 10.1× Argo Pantes Tbk's market cap, and Tower Bersama Infrastructure Tbk. is more actively traded (683.7K versus 107.9K). Which is the better fit depends on your goals.
| ARGO | TBIG | |
|---|---|---|
Market Cap | 3.16T | 31.83T |
Volume | 107.9K | 683.7K |
Lot | 1.08K | 6.84K |
Turnover | 108.96M | 946.95M |
Average Price | 1,009.83 | 1,385.04 |
Value | 108.96M | 946.95M |
Indicative Equilibrium Price | 995 | 1,390 |
Indicative Equilibrium Volume | 7 | 2K |
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 Tower Bersama Infrastructure (the Company) was established under its original name of PT Banyan Mas on Nov 8th, 2004 then changed to PT Tower Bersama Infrastructure based on Notaries Deed dated Oct 24, 2009 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 145 of Aulia Taufani, S.H., dated Jul 21, 2010, concerning among others, the change in the Company’s name, equity, public company and for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.
Read more on TBIG →