Price movement over the last 24 hours
Bank Danamon Indonesia Tbk vs Gudang Garam Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Gudang Garam Tbk. trades at Rp16,575 (market cap 31.51T, 959.2K 24h volume). The key difference: Bank Danamon Indonesia Tbk is the larger of the two by market cap, and Bank Danamon Indonesia Tbk is more actively traded (1.96M versus 959.2K). Which is the better fit depends on your goals.
| BDMN | GGRM | |
|---|---|---|
Market Cap | 40.06T | 31.51T |
Volume | 1.96M | 959.2K |
Lot | 19.62K | 9.59K |
Turnover | 8.11B | 15.87B |
Average Price | 4,134.3 | 16,549.5 |
Value | 8.11B | 15.87B |
Indicative Equilibrium Price | 4,150 | 16,575 |
Indicative Equilibrium Volume | 390 | 599 |
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 Gudang Garam Tbk (the Company), previously named as PT Perusahaan Rokok Tjap Gudang Garam Kediri was established by Deed of Mr. Suroso S.H., acting notary public in Kediri, dated 30 June 1971 No. 10 amended by deed of the same notary dated 13 October 1971 No. 13. The Company is a continuation of a Proprietorship which was established in 1958. In 1969, the Company changed its legal status to a Partnership and in 1971 it was further changed its legal entity as a Limited Liability Company. Commercial operation was commenced in 1958.
Read more on GGRM →