Merdeka Battery Materials Tbk. vs Reliance Sekuritas Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Reliance Sekuritas Indonesia Tbk. trades at Rp482 (market cap 871.2B, 900 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 64.5× Reliance Sekuritas Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 900). Which is the better fit depends on your goals.
| MBMA | RELI | |
|---|---|---|
Market Cap | 56.16T | 871.2B |
Volume | 48.81M | 900 |
Lot | 488.12K | 9 |
Turnover | 25.53B | 433K |
Average Price | 523.13 | 481.11 |
Value | 25.53B | 433K |
Indicative Equilibrium Price | 525 | — |
Indicative Equilibrium Volume | 41.15K | — |
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. Reliance Securities (the company) was established under its original name of Istethmar Finas Securities on 22 Feb 1993 then changed to PT Ludlow Securities on 13 Sep 1999. According with Notaries deed on 28 March 2003 company's name changed to PT Reliance Securities. And the company's name changed to PT Reliance Securities Tbk on 19 May 2005 with amended the articles of association no 19 dated 14 April 2005.
Read more on RELI →