Magna Investama Mandiri Tbk. vs Paninvest Tbk. — how do they compare? Magna Investama Mandiri Tbk. trades at Rp91 (market cap 310.41B, 614.3K 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 2.99T, 166.3K 24h volume). The key difference: Paninvest Tbk. is far larger — about 9.6× Magna Investama Mandiri Tbk.'s market cap, and Magna Investama Mandiri Tbk. is more actively traded (614.3K versus 166.3K). Which is the better fit depends on your goals.
| MGNA | PNIN | |
|---|---|---|
Market Cap | 310.41B | 2.99T |
Volume | 614.3K | 166.3K |
Lot | 6.14K | 1.66K |
Turnover | 56M | 121.48M |
Average Price | 91.16 | 730.5 |
Value | 56M | 121.48M |
Indicative Equilibrium Price | 91 | 735 |
Indicative Equilibrium Volume | 75 | 5 |
Trailing returns across standard periods
Latest headlines on both assets
PT Magna Finance Tbk (the Company) formerly PT Arkasa Utama Leasing was established based on Notarial Deed No. 10 dated March 09, 1984 of James Jacinta Susanti, S.H.
Read more on MGNA →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 →