Malacca Trust Wuwungan Insurance Tbk. vs Pelat Timah Nusantara Tbk. — how do they compare? Malacca Trust Wuwungan Insurance Tbk. trades at Rp268 (market cap 783.76B, 4.6K 24h volume), while Pelat Timah Nusantara Tbk. trades at Rp191 (market cap 479.44B, 3.12M 24h volume). The key difference: Malacca Trust Wuwungan Insurance Tbk. is the larger of the two by market cap, and Pelat Timah Nusantara Tbk. is more actively traded (3.12M versus 4.6K). Which is the better fit depends on your goals.
| MTWI | NIKL | |
|---|---|---|
Market Cap | 783.76B | 479.44B |
Volume | 4.6K | 3.12M |
Lot | 46 | 31.23K |
Turnover | 1.23M | 592.35M |
Average Price | 268 | 189.66 |
Value | 1.23M | 592.35M |
Indicative Equilibrium Price | — | 191 |
Indicative Equilibrium Volume | — | 258 |
Trailing returns across standard periods
Latest headlines on both assets
PT Malacca Trust Wuwungan Insurance (the Company) formerly known as PT Asuransi wuwungan, was established based on Notarial Deed No. 76 dated December 15, 1952, which was amended based on Deed No. 133 dated January 21, 1953 of Raden Mas Soerojo, S.H., Notary in Jakarta.Since 2011, Malacca Trust Limited, a Singapore-based holding company, through its subsidiaries Batavia Prosperindo International and Batavia Prosperindo Finance, has successfully become a majority shareholder of PT Malacca Trust Wuwungan Insurance. This completes the entire Malacca Trust Limited business in the financial industry where previously it has owned asset management, securities & multi finance company based in Indonesia.
Read more on MTWI →PT Pelat Timah Nusantara Tbk (PT Latinusa) was the first company in Indonesia that produces high-quality tinplate with international standards. PT Latinusa was founded on August 19, 1982 under the Company Act No.45, drawn up before Imas Fatimah, SH, and the current majority shareholder is the Japanese consortium consisting of Nippon Steel Corporation, Mitsui Co.. Ltd.., Nippon Steel Trading Co.., And Metal One. Nippon Steel Corporation is also the provider of our main raw material, Tin Mill Black Plate (TMBP), so the availability of raw materials is always guaranteed.
Read more on NIKL →