Shares of PT Sumber Alfaria Trijaya Tbk (AMRT), operator of convenience stores Alfamart and Alfamidi, ended flat at Rp2,940 on Thursday (Dec 1) to make a market capitalization of Rp122 trillion, twice of food giant Indofood (INDF). Alfamart is now among the most expensive stocks in the market, valued 12 times equity.
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