Here are 10 top issuers controlling 75.42% of IDX market cap
JAKARTA – Indonesia Stock Exchange (IDX) records 10 issuers that are controlling 75.24% of total market capitalisation (market cap) worth IDR 11.69 quadrillion as of March 2024. As of now, the total companies listed publicly on IDX reach 922 issuers.
Based on the data compiled today (5/4), top 2 market cap spots are claimed by banking companies, followed by companies in energy, telecommunication, and automotive industries. Below are the names and the details, in order of the market cap percentage.
PT Bank Central Asia Tbk (BBCA) records market cap of IDR 1.22 quadrillion or 10.52% of total market cap. As of December 2023, its total assets reached IDR 1.40 quadrillion.
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) then scores market cap of IDR 907.76 trillion (7.76%). This issuer had assets worth a total of IDR 1.96 quadrillion in December 2023.
Market cap of PT Barito Renewable Energy Tbk (BREN) is recorded at IDR 719.10 trillion (6.15%). Its total assets were worth USD 3.50 billion at the end of 2023.
PT Bank Mandiri Tbk (BMRI) books market cap of IDR 669.90 trillion (5.73%). The total assets of this state-owned banks were IDR 2.17 trillion as of December 2023.
The rookie issuer, PT Amman Mineral Internasional Tbk (AMMN), is sported with market cap of IDR 634.53 trillion (5.43%). It scored total assets of USD 9.09 billion as of December 2023.
Then, the market cap of PT Bayan Resources Tbk (BYAN) is IDR 633.33 trillion (5.42%). Until December 2023, the issuer reported total assets of USD 3.44 billion.
PT Chandra Asri Pasific Tbk (TPIA) follows behind with market cap of IDR 503.92 trillion. This company claimed total assets of USD 5.61 billion in December 2023.
PT Telkom Indonesia (Persero) Tbk (TLKM) was then seen at the 8th spot with market cap of IDR 343.73 trillion. Total assets of this another state-owned business were at IDR 287.04 trillion in 2023.
Next, PT Bank Negara Indonesia (Persero) Tbk (BBNI) records market cap of IDR 217.85 trillion (1.86%) and total assets of IDR 1.08 quadrillion as of December 2023.
Lastly, PT Astra International Tbk (ASII) lists market cap worth IDR 208.49 trillion (1.78%), while total assets collected by this company were at IDR 445.67 trillion in December 2023. (LK/ZH)