Paninvest Tbk. vs Indo Straits Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Indo Straits Tbk. trades at Rp270 (market cap 149.64B, 147.4K 24h volume). The key difference: Paninvest Tbk. is far larger — about 20.2× Indo Straits Tbk.'s market cap, and Paninvest Tbk. is more actively traded (606.1K versus 147.4K). Which is the better fit depends on your goals.
| PNIN | PTIS | |
|---|---|---|
Market Cap | 3.03T | 149.64B |
Volume | 606.1K | 147.4K |
Lot | 6.06K | 1.47K |
Turnover | 442.26M | 39.56M |
Average Price | 729.68 | 268.4 |
Value | 442.26M | 39.56M |
Indicative Equilibrium Price | 735 | 270 |
Indicative Equilibrium Volume | 2 | 71 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Indo Straits (the "Company") was established based on Notarial Deed No 319 of Ridwan SH, dated January 21, 1985. The Company's Articles of Association have been amended several times. The latest amendment was based on Notarial Deed No. 4 of Leolin Jayanti SH dated March 8, 2011 pertaining of change composition of the Company's board of Commissioners and Boards of Directors, issuance of new share to be offered to the public in the Initial Public Offering, and amendment of the Article of Association of the Company to become a public entity.
Read more on PTIS →