Price movement over the last 24 hours
Bank Danamon Indonesia Tbk vs Midi Utama Indonesia Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Midi Utama Indonesia Tbk. trades at Rp286 (market cap 9.63T, 2.46M 24h volume). The key difference: Bank Danamon Indonesia Tbk is far larger — about 4.2× Midi Utama Indonesia Tbk.'s market cap, and Midi Utama Indonesia Tbk. is more actively traded (2.46M versus 1.96M). Which is the better fit depends on your goals.
| BDMN | MIDI | |
|---|---|---|
Market Cap | 40.06T | 9.63T |
Volume | 1.96M | 2.46M |
Lot | 19.62K | 24.57K |
Turnover | 8.11B | 700.79M |
Average Price | 4,134.3 | 285.23 |
Value | 8.11B | 700.79M |
Indicative Equilibrium Price | 4,150 | 286 |
Indicative Equilibrium Volume | 390 | 203 |
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 Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
Read more on MIDI →