JAKARTA – Market capitalisation of 934 issuers in Indonesia Stock Exchange (IDX) reportedly increased 1.15% month-to-month (mtm) in October 2024 from September 2024. However, market cap was reportedly contracted 4.9% mtm in September from August 2024.

Based on the data compiled by IDNFinancials today (12/11), total market cap was recorded at IDR 12.69 quadrillion in October 2024, up from IDR 12.55 quadrillion in September 2024.

In October, 50 issuers were taken into account of 75.70% of total market cap, equal to IDR 9.61 quadrillion in worth.

For the record, 10 issuers with top market cap include:

1. PT Bank Central Asia Tbk (BBCA)
2. PT Barito Renewables Energy Tbk (BREN)
3. PT Chandra Asri Pacific Tbk (TPIA)
4. PT Bank Rakyat Indonesia (Persero) Tbk (BBRI)
5. PT Amman Mineral Internasional Tbk (AMMN)
6. PT Bank Mandiri (Persero) Tbk (BMRI)
7. PT Bayan Resources Tbk (BYAN)
8. PT Dian Swastatika Sentosa Tbk (DSSA)
9. PT Telkom Indonesia (Persero) Tbk (TLKM)
10. PT Pantai Indah Kapuk Dua Tbk (PANI)

BBCA and BREN consistently took first and second position, respectively, of top market cap in September and October 2024. Meanwhile, in August 2024, BREN and BBCA exchanged position, in which BREN sat at the top, and BBCA came as the second within the top market cap list. (LK/ZH)