Bank Aladin Syariah Tbk vs Krakatau Steel (Persero) Tbk. — how do they compare? Bank Aladin Syariah Tbk trades at Rp278 (market cap 4.08T, 2.26M 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp216 (market cap 4.18T, 5.77M 24h volume). The key difference: Bank Aladin Syariah Tbk and Krakatau Steel (Persero) Tbk. are close in size by market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (5.77M versus 2.26M). Which is the better fit depends on your goals.
| BANK | KRAS | |
|---|---|---|
Market Cap | 4.08T | 4.18T |
Volume | 2.26M | 5.77M |
Lot | 22.63K | 57.75K |
Turnover | 626.33M | 1.23B |
Average Price | 276.73 | 212.97 |
Value | 626.33M | 1.23B |
Indicative Equilibrium Price | 278 | 216 |
Indicative Equilibrium Volume | 223 | 531 |
Trailing returns across standard periods
Latest headlines on both assets
PT Bank Net Indonesia Syariah Tbk (the “Bank”) formerly PT Bank Maybank Syariah Indonesia was established based on Deed No.58 dated September 16, 1994 and ammanded No.135 dated October 17, 1994, of Achmad Abid, S.H. The bank changed its name from the previous name "PT Maybank Nusa International" to "PT Bank Maybank Indocorp ". The bank again changed its name from "PT Bank Maybank Indocorp" to "PT Bank Maybank Syariah Indonesia ”(Maybank Syariah) in line with the change in business from conventional commercial banks become a sharia commercial bank. The bank again changed its name, most recently changed to "PT Bank Net Indonesia Syariah" based on Deed of Statement of Shareholders' Decisions taken outside the Company Meeting No. 5 dated July 3 2019, made before Aliya S. Azhar, S.H., M.H., M.Kn., Notary in Jakarta.
Read more on BANK →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →