JAKARTA – Market capitalisation of PT Amman Mineral Internasional Tbk (AMMN) arrives at the runner-up spot in Top 10 Market Cap in the stock exchange following the decline of PT Barito Renewables Energy Tbk (BREN) due to full call auction (FCA) system.

Based on the data compiled by IDNFinancials today (7/6), AMMN’s price was recorded at IDR 11,800 nearing the closing bell, reporting market cap of IDR 855.71 trillion. AMMN declined 2.88% from IDR 12,150 per share at yesterday’s (6/6) closing price with market cap of IDR 881.09 trillion.

Although AMMN’s price decreases, its market cap remains superior to BREN’s, which now dropped to the third position of Top 10 Market Cap, sporting IDR 809.40 trillion until this afternoon session. BREN’s market cap declines gradually due to FCA system throughout session I and II this morning.

From March to May 2024, this mineral mining company reported consistent improvement in performance. Late May 2024, AMMN’s market cap arrived at IDR 875.65 trillion, up 24.48% from April 2024 of IDR 703.42 trillion. In March 2024, the market cap was sported at IDR 634.53 trillion, a 10.85% difference from April 2024.

As of Q3 2024, AMMN’s profit slipped to USD 129.05 million from USD 176.75 million in the same period in 2023. However, its net sales rose to USD 601.55 million from USD 597.26 million. (LK/ZH)