Bank Danamon Indonesia Tbk vs XL Axiata Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while XL Axiata Tbk. trades at Rp2,480 (market cap 44.59T, 3.59M 24h volume). The key difference: Bank Danamon Indonesia Tbk and XL Axiata Tbk. are close in size by market cap, and XL Axiata Tbk. is more actively traded (3.59M versus 1.96M). Which is the better fit depends on your goals.
| BDMN | EXCL | |
|---|---|---|
Market Cap | 40.06T | 44.59T |
Volume | 1.96M | 3.59M |
Lot | 19.62K | 35.87K |
Turnover | 8.11B | 8.86B |
Average Price | 4,134.3 | 2,468.96 |
Value | 8.11B | 8.86B |
Indicative Equilibrium Price | 4,150 | 2,480 |
Indicative Equilibrium Volume | 390 | 1.77K |
Trailing returns across standard periods
Latest headlines on both assets
Bank Danamon (the Bank) domiciled in Jakarta, was established on July 16, 1956, based on the notarial deed No. 134 of Meester Raden Soedja, S.H. The Bank received its permit as a commercial bank the following September 1956, and became a foreign exchange bank in November 1988. During the Asian Financial crisis of 1997, Bank Danamon ran into a liquidity insolvency and was taken over by the government of Indonesia in April 1998, which placed in the care of the Indonesian Bank Restructuring Agency (IBRA) to be included in the bank recapitalization and merger programs. Following a third rights issue by Bank Danamon and the subsequent merging of Bank PDFCI into the Bank on December 30, 1999; the racapitalizaton of Bank Danamon which increased its statutory capital To Rp 10 trillion on May 17, 2000; and the merging of eight private banks (Bank Jaya, Bank Tiara Asia, Bank Pos Nusntara, Bank Rama, Bank Tamara, Bank Nusa Nasional, Bank Duta and Bank Bank Risjad Salim International) into Bank Danamon on June 30, 2000; Bank Danamon re-emerged as one of Indonesia’s four designated core banks along with Bank Central Asia in the private sector, and with Bank andiri and Bank BNI in the Public sector.
Read more on BDMN →PT XL Axiata Tbk (the Company) which was previously known as PT Excelcomindo Pratama Tbk, was initially established under the name PT Grahametropolitan Lestari. The Company was established on Oct 6th, 1989.The articles of association have been amended several times, most recently on Aug 2, 2005, concerning among other the change of par value, equity and public offering. The company started its operation since October 1996 and was the 3rd biggest company in Indonesia for the number of customer and income.
Read more on EXCL →