Equity Development Investment Tbk. vs Paninvest Tbk. — how do they compare? Equity Development Investment Tbk. trades at Rp84 (market cap 1.31T, 2.37M 24h volume), while Paninvest Tbk. trades at Rp740 (market cap 2.99T, 29K 24h volume). The key difference: Paninvest Tbk. is far larger — about 2.3× Equity Development Investment Tbk.'s market cap, and Equity Development Investment Tbk. is more actively traded (2.37M versus 29K). Which is the better fit depends on your goals.
| GSMF | PNIN | |
|---|---|---|
Market Cap | 1.31T | 2.99T |
Volume | 2.37M | 29K |
Lot | 23.75K | 290 |
Turnover | 198.8M | 21.2M |
Average Price | 83.71 | 731.02 |
Value | 198.8M | 21.2M |
Indicative Equilibrium Price | 85 | — |
Indicative Equilibrium Volume | 6.5K | — |
Trailing returns across standard periods
Latest headlines on both assets
PT Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.
Read more on GSMF →PT Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →