BCA Shares Hit Record High, Market Capitalization Surpasses Rp1.040 Trillion

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Cindy Mutia Annur 14/09/2022 14:10 WIB

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PT Bank Central Asia Tbk (BBCA)'s market capitalization has surpassed Rp1.040 trillion, according to the Indonesia Stock Exchange (IDX) report on Tuesday, September 13, 2022.

Top 10 Companies by Market Capitalization on the Indonesia Stock Exchange (IDX) (September 13, 2022)

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BCA Shares Hit Record High, Market Capitalization Surpasses Rp1.040 Trillion

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Top 10 Companies by Market Capitalization on the Indonesia Stock Exchange (IDX) (September 13, 2022)

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PT Bank Central Asia Tbk (BBCA) market capitalization has surpassed Rp1.040 trillion, according to the Indonesia Stock Exchange (BEI) report on Tuesday, September 13, 2022. This achievement keeps the banking issuer at the top position on the stock exchange.

BBCA's market capitalization increased after its share price hit a record high since the company went public. The issuer's shares soared 1.79% or 150 points to Rp8,525 per share at yesterday's closing.

According to *Katadata.co.id*, the market capitalization of this bank, whose shares are owned by the Djarum Group, previously reached Rp1.007 trillion on March 15, 2022.

Furthermore, its market capitalization also once touched Rp936.89 trillion, equivalent to US$66 billion, in October 2021.

This makes BCA the bank with the largest market capitalization in Southeast Asia, even surpassing the market capitalization of Bank DBS, Singapore, valued at US$57 billion or approximately Rp815 trillion.

Currently, the second-largest market capitalization is held by PT Bank Rakyat Indonesia (BBRI) with a value of Rp687 trillion. Followed by PT Telkom Indonesia (TLKM) and PT Bank Mandiri Indonesia (BMRI) with market capitalizations of Rp448 trillion and Rp437 trillion, respectively.

Here is a complete list of the top 10 issuers with the largest market capitalization on the BEI as of September 13, 2022:

1. BBCA: Rp1.040 trillion
2. BBRI: Rp687 trillion
3. TLKM: Rp448 trillion
4. BMRI: Rp437 trillion
5. GOTO: Rp327 trillion
6. ASII: Rp291 trillion
7. BYAN: Rp222 trillion
8. TPIA: Rp219 trillion
9. UNVR: Rp178 trillion
10. BBNI: Rp166 trillion

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."