Bank Danamon Indonesia Tbk vs Xolare RCR Energy Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Xolare RCR Energy Tbk. trades at Rp102 (market cap 332.02B, 1.31M 24h volume). The key difference: Bank Danamon Indonesia Tbk is far larger — about 120.7× Xolare RCR Energy Tbk.'s market cap, and Bank Danamon Indonesia Tbk is more actively traded (1.96M versus 1.31M). Which is the better fit depends on your goals.
| BDMN | SOLA | |
|---|---|---|
Market Cap | 40.06T | 332.02B |
Volume | 1.96M | 1.31M |
Lot | 19.62K | 13.1K |
Turnover | 8.11B | 131.67M |
Average Price | 4,134.3 | 100.5 |
Value | 8.11B | 131.67M |
Indicative Equilibrium Price | 4,150 | 102 |
Indicative Equilibrium Volume | 390 | 1.03K |
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 Xolare RCR Energy (Formerly: PT RCR Energy Indonesia) (the "Company") was established based on Notarial Deed No. 213 dated December 18, 2014 drawn up before Notary Humberg Lie, S.H., S.E., M.Kn., in Jakarta. The ultimate beneficial owner of the Company is PT Energi Hijau Investama. The Company started its commercial activities in 2015.
Read more on SOLA →