Multi Spunindo Jaya Tbk. vs Paninvest Tbk. — how do they compare? Multi Spunindo Jaya Tbk. trades at Rp408 (market cap 2.4T, 10.59M 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 2.99T, 166.3K 24h volume). The key difference: Paninvest Tbk. is the larger of the two by market cap, and Multi Spunindo Jaya Tbk. is more actively traded (10.59M versus 166.3K). Which is the better fit depends on your goals.
| MSJA | PNIN | |
|---|---|---|
Market Cap | 2.4T | 2.99T |
Volume | 10.59M | 166.3K |
Lot | 105.89K | 1.66K |
Turnover | 4.29B | 121.48M |
Average Price | 405.26 | 730.5 |
Value | 4.29B | 121.48M |
Indicative Equilibrium Price | 408 | 735 |
Indicative Equilibrium Volume | 3.5K | 5 |
Trailing returns across standard periods
Latest headlines on both assets
PT Multi Spunindo Jaya Tbk (the Company), was established based on Notarial Deed of WahyudiSuyanto, S.H., No. 102 dated March 7, 1997. The Company started its commercial operation in 1999. The Company’s immediate parent company is PT Maju Selaras Jayamerta and the ultimate controlling shareholder of the Company is Sasongko Basuki.
Read more on MSJA →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 →