Matahari Department Store Tbk. vs Paninvest Tbk. — how do they compare? Matahari Department Store Tbk. trades at Rp1,560 (market cap 3.43T, 723.7K 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 2.99T, 166.3K 24h volume). The key difference: Matahari Department Store Tbk. and Paninvest Tbk. are close in size by market cap, and Matahari Department Store Tbk. is more actively traded (723.7K versus 166.3K). Which is the better fit depends on your goals.
| LPPF | PNIN | |
|---|---|---|
Market Cap | 3.43T | 2.99T |
Volume | 723.7K | 166.3K |
Lot | 7.24K | 1.66K |
Turnover | 1.12B | 121.48M |
Average Price | 1,552.77 | 730.5 |
Value | 1.12B | 121.48M |
Indicative Equilibrium Price | 1,560 | 735 |
Indicative Equilibrium Volume | 168 | 5 |
Trailing returns across standard periods
Latest headlines on both assets
PT Matahari Department Store Tbk was established as PT Stephens Utama International Leasing Corp based on Notarial Deed No.2 dated 1 April 1982, of Misahardi Wilamarta, S.H. The Company's merger with its parent company (PT Meadow Indonesia), which was effective from 30 September 2011.
Read more on LPPF →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 →