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Compare Tanah Laut Tbk (INDX) vs Merck Tbk. (MERK) Price & Performance

Tanah Laut TbkTrade
Merck Tbk.Trade

Price performance (Past 24H)

Key statistics

Tanah Laut Tbk vs Merck Tbk. — how do they compare? Tanah Laut Tbk trades at Rp60 (market cap 26.27B), while Merck Tbk. trades at Rp3,900 (market cap 1.76T, 63K 24h volume). The key difference: Merck Tbk. is far larger — about 67× Tanah Laut Tbk's market cap. Which is the better fit depends on your goals.

INDXMERK
Market Cap
26.27B1.76T
Volume
63K
Lot
630
Turnover
243.97M
Average Price
3,872.46
Value
243.97M
Indicative Equilibrium Price
3,900
Indicative Equilibrium Volume
1

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

INDX
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MERK
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About Tanah Laut Tbk

PT Tanah Laut Tbk formerly PT Indoexchange Tbk (the Company) was established under the name PT Sanggrahamas Dipta based on Notarial Deed No.78 dated September 19, 1991 of Rahmah Arie Sutarjo, S.H., notary in Jakarta. The Company changed its status from Foreign Capital Investment Company to Domestic Capital Investment Company, approved by the Chairman of Capital Investment Coordinating Board in accordance with Approval Letter No. 38/V/PMDN/2008 dated September 23, 2008.

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About Merck Tbk.

PT Merck Tbk (the Company) is domiciled in Indonesia and located at Jl. TB Simatupang No. 8, Pasar Rebo, East Jakarta, was established in framework of Law No. 1 of 1967 and Law No. 11 of 1970 on foreign capital investment by deed of notary public Eliza Pondaag, SH dated 14 October 1970 No. 29. PT Merck Indonesia is a member of the Merck International Group. The company produces pharmaceutical products with production facility in East Jakarta. It commenced its operation in 1974 in manufacturing medical products, such as Songobian and Neurobion.

Read more on MERK