JAKARTA (Yosefardi) – Coal producer Indo Tambangraya (ITMG), controlled by Banpu Plc, is the first coal producer to rejoin Top 20 stocks by market capitalization.
Indo Tambangraya is currently 20th largest below Bank Danamon with Rp36.1 trillion, but ahead of XL Axiata (Rp35.1 trillion).
Two other major coal producers Bukit Asam (PTBA) and Adaro Energy (ADRO) are now in 25th and 26th with Rp31.8 trillion and Rp31.7 trillion respectively.
Media giant Surya Citra Media (SCMA), parent of SCTV and Indosiar TV stations, dropped out of Top 20 to 22nd with Rp35.1 trillion. Media Nusantara Citra (MNCN), parent of RCTI and GlobalTV stations, stayed in Top 20 with Rp38.4 trillion ahead of Bank Danamon.
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