Bank Pembangunan Daerah Jawa Timur Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Bank Pembangunan Daerah Jawa Timur Tbk trades at Rp515 (market cap 7.58T, 7.89M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp500 (market cap 53.35T, 46.08M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 7× Bank Pembangunan Daerah Jawa Timur Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (46.08M versus 7.89M). Which is the better fit depends on your goals.
| BJTM | MBMA | |
|---|---|---|
Market Cap | 7.58T | 53.35T |
Volume | 7.89M | 46.08M |
Lot | 78.94K | 460.83K |
Turnover | 4.01B | 22.73B |
Average Price | 507.6 | 493.21 |
Value | 4.01B | 22.73B |
Indicative Equilibrium Price | 515 | 500 |
Indicative Equilibrium Volume | 280 | 35.08K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bank Pembangunan Daerah Jawa Timur Tbk (the Bank) was established under the name of PT Bank Pembangunan Daerah Djawa Timur dated August 17, 1961. The Bank started its commercial operations in accordance with the Decision Letter of the Minister of Finance of the Republic of Indonesia No. BUM 9-4-5 on August 15, 1961. The Sharia Operating Unit started its commercial operations on August 21, 2007 in accordance with the approval letter from Bank Indonesia No. 9/75/DS/Sb dated April 4, 2007 for the establishment of the Bank's Sharia Unit.
Read more on BJTM →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →