JAKARTA (Yosefardi) – Consumer goods giant Indofood CBP (ICBP), subsidiary of Indofood Sukses Makmur (INDF), has surged past pharmaceutical giant Kalbe Farma (KLBF) in terms of market capitalization.
ICBP currently has market capitalization of Rp77.5 trillion, thanks to 4.3% gain this morning. The stock has surged 70.5% year-to-date.
Kalbe Farma, meanwhile, has market capitalization of Rp75.2 trillion with 39.5% gain year-to-date.
Indofood Sukses Makmur, meanwhile, stays at Rp64.1 trillion with 25% gain year-to-date.