Merdeka Battery Materials Tbk. vs Surya Biru Murni Acetylene Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Surya Biru Murni Acetylene Tbk. trades at Rp108 (market cap 98.57B, 330.2K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 569.7× Surya Biru Murni Acetylene Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 330.2K). Which is the better fit depends on your goals.
| MBMA | SBMA | |
|---|---|---|
Market Cap | 56.16T | 98.57B |
Volume | 48.81M | 330.2K |
Lot | 488.12K | 3.3K |
Turnover | 25.53B | 35.06M |
Average Price | 523.13 | 106.16 |
Value | 25.53B | 35.06M |
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 Surya Biru Murni Acetylene Tbk (the Company) was established in Balikpapan based on Notarial Deed No. 57 of Mohamad Rasjid Umar, S.H., dated October 25, 1980. The Company started its commercial operations in 1982.
Read more on SBMA →