According to Indonesia Stock Exchange (IDX) data, at the beginning of July 2024, PT Barito Renewables Energy Tbk became the publicly listed company with the largest market capitalization in the country.
On July 1, 2024, this issuer, with the stock code BREN, recorded a market cap of Rp1.395 trillion.
The market capitalization of the renewable energy issuer surpassed other issuers from the banking, mining, petrochemical, and even coal sectors.
Here is a complete list of the 10 companies with the largest market cap in Indonesia as of July 1, 2024:
1. PT Barito Renewables Energy Tbk (BREN): Rp1.395 trillion
2. PT Bank Central Asia Tbk (BBCA): Rp1.205 trillion
3. PT Amman Mineral Internasional Tbk (AMMN): Rp836 trillion
4. PT Chandra Asri Pacific Tbk (TPIA): Rp787 trillion
5. PT Bank Rakyat Indonesia Tbk (BBRI): Rp695 trillion
6. PT Bank Mandiri Tbk (BMRI): Rp577 trillion
7. PT Bayan Resources Tbk (BYAN): Rp543 trillion
8. PT Telkom Indonesia Tbk (TLKM): Rp306 trillion
9. PT Dian Swastatika Sentosa Tbk (DSSA): Rp208 trillion
10. PT Astra International Tbk (ASII): Rp187 trillion
Combined, these 10 issuers have a market capitalization of Rp6.740 trillion, equivalent to 55% of the total market cap of the national stock exchange.