Malacca Trust Wuwungan Insurance Tbk. vs Reliance Sekuritas Indonesia Tbk. — how do they compare? Malacca Trust Wuwungan Insurance Tbk. trades at Rp256 (market cap 748.67B, 600 24h volume), while Reliance Sekuritas Indonesia Tbk. trades at Rp498 (market cap 892.8B, 123K 24h volume). The key difference: Reliance Sekuritas Indonesia Tbk. is the larger of the two by market cap, and Reliance Sekuritas Indonesia Tbk. is more actively traded (123K versus 600). Which is the better fit depends on your goals.
| MTWI | RELI | |
|---|---|---|
Market Cap | 748.67B | 892.8B |
Volume | 600 | 123K |
Lot | 6 | 1.23K |
Turnover | 153K | 63M |
Average Price | 255 | 512.22 |
Value | 153K | 63M |
Indicative Equilibrium Price | — | 525 |
Indicative Equilibrium Volume | — | 5 |
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. Reliance Securities (the company) was established under its original name of Istethmar Finas Securities on 22 Feb 1993 then changed to PT Ludlow Securities on 13 Sep 1999. According with Notaries deed on 28 March 2003 company's name changed to PT Reliance Securities. And the company's name changed to PT Reliance Securities Tbk on 19 May 2005 with amended the articles of association no 19 dated 14 April 2005.
Read more on RELI →