Merdeka Battery Materials Tbk. vs Palma Serasih Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Palma Serasih Tbk. trades at Rp199 (market cap 3.73T, 101.2K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 15.1× Palma Serasih Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 101.2K). Which is the better fit depends on your goals.
| MBMA | PSGO | |
|---|---|---|
Market Cap | 56.16T | 3.73T |
Volume | 48.81M | 101.2K |
Lot | 488.12K | 1.01K |
Turnover | 25.53B | 19.73M |
Average Price | 523.13 | 194.95 |
Value | 25.53B | 19.73M |
Indicative Equilibrium Price | 525 | 199 |
Indicative Equilibrium Volume | 41.15K | 2 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT. Palma Serasih Tbk (the Company) was established in Jakarta based on Notarial Deed of Besri Zakaria,S.H. No.1 dated June 3, 2008. PT Jalinan kasih Sesama is the parent entity and the ultimate parent entity of the Group.
Read more on PSGO →