Multi Indocitra Tbk. vs Paninvest Tbk. — how do they compare? Multi Indocitra Tbk. trades at Rp530 (market cap 303B, 154.1K 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 9.9× Multi Indocitra Tbk.'s market cap, and Paninvest Tbk. is more actively traded (166.3K versus 154.1K). Which is the better fit depends on your goals.
| MICE | PNIN | |
|---|---|---|
Market Cap | 303B | 2.99T |
Volume | 154.1K | 166.3K |
Lot | 1.54K | 1.66K |
Turnover | 81.24M | 121.48M |
Average Price | 527.17 | 730.5 |
Value | 81.24M | 121.48M |
Indicative Equilibrium Price | — | 735 |
Indicative Equilibrium Volume | — | 5 |
Trailing returns across standard periods
Latest headlines on both assets
PT Multi Indocitra Tbk (the Company) was established under its original name of Modern Indocitra based on notarial deed No. 52 of Esther Daniar Iskandar, S.H dated January 11, 1990. The Company's articles of association has been amended several times, the latest amendment dated Aug 16, 2005, regarding the change in the Company's status from private company to public company.
Read more on MICE →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 →