The Indonesia Stock Exchange (IDX) collected the market capitalization values of listed companies on the Indonesian stock exchange in September 2024.
The released list shows at least 10 issuers with the largest market capitalization, ranging from Rp204 trillion to Rp1,260 trillion.
PT Bank Central Asia Tbk/BCA ranked first with a value of Rp1,260.08 trillion in September 2024, equivalent to 10.04% of the total exchange market capitalization. The value of this issuer, with the code BBCA, was stagnant from August 2024.
BBCA displaced PT Barito Renewables Energy Tbk (BREN), which held the top position last month. BREN's market cap is now Rp882.98 trillion in September 2024. Its value plummeted 38.6% month-on-month (mom) from August 2024, which was Rp1,438.2 trillion.
Third place is occupied by another banking issuer, PT Bank Rakyat Indonesia Tbk (BBRI), at Rp742.71 trillion in September 2024. This value actually decreased by 3.88% (mom) from the previous Rp772.72 trillion.
BBRI displaced PT Chandra Asri Petrochemical Tbk (TPIA), which held third place last month. TPIA is now in fourth place with a market cap of Rp733.18 trillion in September 2024. It dropped 15.04% (mom) from the previous Rp862.95 trillion.
Fifth is PT Amman Mineral Internasional Tbk (AMMN), which recorded a value of Rp672.6 trillion. This value decreased by 12.91% (mom) from August 2024, which was Rp772.31 trillion.
Following are Bank Mandiri, Bayan Resources, and Astra International.
Here are the details of the 10 issuers with the largest market capitalization in September 2024:
* PT Bank Central Asia Tbk (BBCA) Rp1,260.08 trillion
* PT Barito Renewables Energy Tbk (BREN) Rp882.98 trillion
* PT Bank Rakyat Indonesia Tbk (Persero) Tbk (BBRI) Rp742.71 trillion
* PT Chandra Asri Petrochemical Tbk (TPIA) Rp733.18 trillion
* PT Amman Mineral Internasional Tbk (AMMN) Rp672.60 trillion
* PT Bank Mandiri (Persero) Tbk (BMRI) Rp639.87 trillion
* PT Bayan Resources Tbk (BYAN) Rp543.33 trillion
* PT Dian Swastatika Sentosa Tbk (DSSA) Rp310.53 trillion
* PT Telkom Indonesia (Persero) Tbk (TLKM) Rp296.19 trillion
* PT Astra International Tbk (ASII) Rp204.44 trillion.
(See also: 10 Issuers with the Largest Market Capitalization in Indonesia August 2024)