Jakarta — Renewable energy stocks on the Indonesia Stock Exchange (IDX) ended mixed on Thursday, June 26, with four stocks advancing, two declining, and two others finishing unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.96% to 6,897.4.
PT Pertamina Geothermal Energy Tbk (PGEO) recorded the highest transaction value of the day, exceeding Rp 66.7 billion, rising 0.38% to 1,325 with over 50 million shares changing hands. PT Arkora Hydro Tbk (ARKO) followed with a 1.90% gain to 805, on a trading volume of 80,100 shares.
PT Semacom Integrated Tbk (SEMA) and PT Kencana Energi Lestari Tbk (KEEN) also ended higher, gaining 2.41% and 0.64%, respectively. Meanwhile, PT Hero Global Investment Tbk (HGII) rose marginally by 0.64% to 157.
On the downside, PT Maharaksa Biru Energi Tbk (OASA) slipped 1.05% to 189 despite recording the day’s highest volume at over 231 million shares and transaction value above Rp 44.5 billion. PT Barito Renewables Energy Tbk (BREN) closed flat at 5,775, while PT Terregra Asia Energy Tbk (TGRA) remained unchanged at 27 with no recorded trades.
The session reflected investor selectivity, with gains in large-cap names like PGEO helping to steady the sector amid cautious optimism. (nsh)
Disclaimer: The data analysis for this article was conducted with the assistance of OpenAI GPT-4o, while the final content was manually edited for accuracy and clarity.
