Paninvest Tbk. vs Reliance Sekuritas Indonesia Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Reliance Sekuritas Indonesia Tbk. trades at Rp500 (market cap 896.4B, 42.2K 24h volume). The key difference: Paninvest Tbk. is far larger — about 3.4× Reliance Sekuritas Indonesia Tbk.'s market cap, and Paninvest Tbk. is more actively traded (606.1K versus 42.2K). Which is the better fit depends on your goals.
| PNIN | RELI | |
|---|---|---|
Market Cap | 3.03T | 896.4B |
Volume | 606.1K | 42.2K |
Lot | 6.06K | 422 |
Turnover | 442.26M | 20.32M |
Average Price | 729.68 | 481.52 |
Value | 442.26M | 20.32M |
Indicative Equilibrium Price | 735 | — |
Indicative Equilibrium Volume | 2 | — |
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. 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 →