Price movement over the last 24 hours
Arkora Hydro Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Arkora Hydro Tbk trades at Rp4,490 (market cap 13.88T, 746.7K 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 4× Arkora Hydro Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 746.7K). Which is the better fit depends on your goals.
| ARKO | MBMA | |
|---|---|---|
Market Cap | 13.88T | 55.08T |
Volume | 746.7K | 86.78M |
Lot | 7.47K | 867.8K |
Turnover | 3.43B | 42.63B |
Average Price | 4,597.22 | 491.23 |
Value | 3.43B | 42.63B |
Indicative Equilibrium Price | 4,490 | 478 |
Indicative Equilibrium Volume | 138 | 34.05K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Arkora Hydro Tbk (the Company) was established based on Notarial Deed No. 15 datedAugust 5, 2010 of Darmawan Tjoa, S.H., S.E., notary in Jakarta. The Company started its commercial operations in 2017.
Read more on ARKO →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 →