Merdeka Battery Materials Tbk. vs Reksa Dana Indeks Majoris Pefindo I-Grade ETF Indonesia — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Reksa Dana Indeks Majoris Pefindo I-Grade ETF Indonesia trades at Rp152 (market cap 3.1B). The key difference: Merdeka Battery Materials Tbk. is far larger — about 18116.1× Reksa Dana Indeks Majoris Pefindo I-Grade ETF Indonesia's market cap. Which is the better fit depends on your goals.
| MBMA | XMIG | |
|---|---|---|
Market Cap | 56.16T | 3.1B |
Volume | 48.81M | — |
Lot | 488.12K | — |
Turnover | 25.53B | — |
Average Price | 523.13 | — |
Value | 25.53B | — |
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”).
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