Jakarta — Renewable energy stocks on the Indonesia Stock Exchange (IDX) mainly closed flat on Monday, June 30, with two stocks gaining, one declining, and five remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.44% to 6,927.679.
PT Pertamina Geothermal Energy Tbk (PGEO) led the gainers, climbing 6.79% to 1,415, supported by strong investor interest with over 202 million shares traded and a total transaction value exceeding Rp 280 billion—the highest of the day. PT Barito Renewables Energy Tbk (BREN) also posted a solid gain of 1.73% to 5,875, with a transaction value of Rp 78.8 billion from nearly 13.5 million shares exchanged.
On the downside, PT Arkora Hydro Tbk (ARKO) slipped 0.62% to 800, while PT Hero Global Investment Tbk (HGII) rose 3.82% to 163 on moderate volume.
The remaining stocks—including PT Kencana Energi Lestari Tbk (KEEN), PT Maharaksa Biru Energi Tbk (OASA), PT Semacom Integrated Tbk (SEMA), and PT Terregra Asia Energy Tbk (TGRA)—closed unchanged, with both OASA and TGRA reporting no trading activity.
The session reflected investor confidence in large-cap clean energy plays, particularly PGEO, amid stable market sentiment at the end of the month. (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.
