Bank Danamon Indonesia Tbk vs Indah Kiat Pulp & Paper Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Indah Kiat Pulp & Paper Tbk. trades at Rp7,375 (market cap 40.07T, 1.97M 24h volume). The key difference: Bank Danamon Indonesia Tbk and Indah Kiat Pulp & Paper Tbk. are close in size by market cap, and Indah Kiat Pulp & Paper Tbk. is more actively traded (1.97M versus 1.96M). Which is the better fit depends on your goals.
| BDMN | INKP | |
|---|---|---|
Market Cap | 40.06T | 40.07T |
Volume | 1.96M | 1.97M |
Lot | 19.62K | 19.67K |
Turnover | 8.11B | 14.4B |
Average Price | 4,134.3 | 7,319.72 |
Value | 8.11B | 14.4B |
Indicative Equilibrium Price | 4,150 | 7,375 |
Indicative Equilibrium Volume | 390 | 1.62K |
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 Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
Read more on INKP →