JAKARTA - PT Bank Central Asia Tbk (BBCA) has failed to guard its number-one spot in the Top 10 Market Capitalisation of Indonesia Stock Exchange (IDX) in April 2024. Its position is now occupied by PT Barito Renewables Energy Tbk (BREN) with market capitalisation growth of 71.62%.

Market cap data as of April 2024 compiled today (6/5) shows that BREN books market cap of IDR 1.23 quadrillion or 10.22% of total market cap in IDX worth IDR 12.07 quadrillion. BCA follows closely with IDR 1.19 quadrillion, still above PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) of IDR 741.21 billion, PT Amman Mineral Internasional Tbk (AMMN) of IDR 703.42 billion, and PT Chandra Asri Petrochemical Tbk (TPIA) of IDR 655.32 billion.

As of March 2024, BBCA still recorded market cap of IDR 1.22 quadrillion or 10.52% of total market cap of IDR 11.69 quadrillion, followed by BBRI of IDR 907.76 billion, BREN of IDR 719.10 billion, PT Bank Mandiri (Persero) Tbk (BMRI) of IDR 669.90 billion, and AMMN of IDR 634.53 billion.

Total market cap also reported 3.30% increase from March to April 2024. Listed shares also grow 1.19% from 11.46 trillion to 11.59 trillion shares, while 50 issuers in the stock market dominate the market cap by IDR 9.27 quadrillion or 76.77% of total market cap as of April 2024. (LK/ZH)