Indonesian Price disconnect

Aneka Tambang

Market Cap: Rp89.2t

Operates as a diversified metals and mining company in Indonesia.

Trimegah Bangun Persada

Market Cap: Rp72.1t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing in Indonesia and distributes the products to China, Switzerland, Hong Kong, Sweden, and Singapore.

Indofood Sukses Makmur

Market Cap: Rp58.8t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Energi Mega Persada

Market Cap: Rp44.9t

Through its subsidiaries, operates as an upstream oil and natural gas company in Indonesia, Mozambique, and Japan.

Japfa Comfeed Indonesia

Market Cap: Rp30.1t

Operates as an agri-food company in Indonesia and internationally.

Soho Global Health

Market Cap: Rp25.3t

Together with its subsidiaires, operates as a healthcare company in Indonesia.

PT. Mitra Adiperkasa

Market Cap: Rp20.8t

Engages in the retail trade of clothing, accessories, bags, and sports equipment in Indonesia, Vietnam, the Philippines, Thailand, and internationally.

Dharma Satya Nusantara

Market Cap: Rp17.6t

Operates in the palm oil and wood product business in Indonesia.

Sinar Mas Agro Resources and Technology

Market Cap: Rp14.5t

Produces and sells palm oil-based products in Indonesia.

J Resources Asia Pasifik

Market Cap: Rp13.5t

Engages in the gold mining business in Indonesia.

Astra Otoparts

Market Cap: Rp12.6t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, the Rest of Asia, the Middle East, the United States, Europe, and Africa.

Multi Bintang Indonesia

Market Cap: Rp12.0t

Operates as a beverage company in Indonesia and internationally.

Salim Ivomas Pratama

Market Cap: Rp10.3t

Produces and sells edible oils and fats in Indonesia, China, Singapore, Nigeria, Timor Leste, India, the Philippines, Germany, Ghana, Papua New Guinea, Haiti, and internationally.

Perusahaan Perkebunan London Sumatra Indonesia

Market Cap: Rp9.8t

Engages in the plantation business in Indonesia and internationally.

Teladan Prima Agro

Market Cap: Rp8.1t

Engages in the management of palm oil plantations, mills, and renewable energy businesses in Indonesia.

Garuda Maintenance Facility Aero Asia

Market Cap: Rp7.5t

Provides various aircraft maintenance, repair, and overhaul (MRO) services for aircraft, engines, and components in Indonesia and internationally.

Sinergi Inti Andalan Prima

Market Cap: Rp6.4t

Provides internet services in Indonesia.

Provident Investasi Bersama

Market Cap: Rp5.7t

A holding company, engages in direct or indirect investment through subsidiaries.

Unggul Indah Cahaya

Market Cap: Rp4.4t

Engages in the manufacture and sale of alkylbenzene chemicals in Indonesia and internationally.

Jasuindo Tiga Perkasa

Market Cap: Rp4.3t

Operates in the security printing industry in Indonesia.

Cahaya Aero Services

Market Cap: Rp4.0t

Provides cargo and ground handling services in Indonesia.

Eagle High Plantations

Market Cap: Rp3.9t

Engages in the oil palm industry and plantations in Indonesia.

Kawasan Industri Jababeka

Market Cap: Rp3.8t

Engages in the real estate business in Indonesia.

Wismilak Inti Makmur

Market Cap: Rp3.8t

Manufactures and sells cigarettes in Indonesia and internationally.

Humpuss Maritim Internasional

Market Cap: Rp3.6t

PT Humpuss Maritim Internasional Tbk., together with its subsidiaries, transports liquified natural gas, crude oil, fuel oil, chemicals, containers, coal, and other sea cargoes in Indonesia.

Alam Sutera Realty

Market Cap: Rp2.6t

Operates as a property development company in Indonesia.

Citra Borneo Utama

Market Cap: Rp2.5t

Engages in palm oil refining, and trading activities in Indonesia and internationally.

PINAGO UTAMA

Market Cap: Rp2.5t

Engages in the oil palm and rubber plantation business in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.3t

Engages in the coal mining and trading business in Indonesia.

Astra Graphia

Market Cap: Rp2.3t

Engages in the trading, industrial, consulting, office equipment and supplies contracting, information technology, telecommunication, professional, scientific and technical, and investment businesses in Indonesia.

Putra Mandiri Jembar

Market Cap: Rp2.1t

Through its subsidiaries, engages in the car dealership business in Indonesia.

Jasa Armada Indonesia

Market Cap: Rp1.7t

Offers sea transportation services in Indonesia.

Kino Indonesia

Market Cap: Rp1.7t

Produces and sells personal care, beverages, foods, pharmaceutical, and pet food products in Indonesia and internationally.

Delta Djakarta

Market Cap: Rp1.6t

Engages in the beverage business in Indonesia.

Merck

Market Cap: Rp1.6t

Engages in the manufacture and sale of pharmaceutical products in Indonesia and internationally.

Ketrosden Triasmitra

Market Cap: Rp1.2t

Through its subsidiaries, operates as a telecommunication infrastructure company.