Jakarta — Renewable energy stocks on the Indonesia Stock Exchange (IDX) ended mostly higher on Thursday, July 10, with four stocks advancing, three remaining unchanged, and one declining. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.89% to 7,005.371.
PT Barito Renewables Energy Tbk (BREN) led the gainers, rising 2.09% to 6,100 with a robust transaction value of over Rp 95.2 billion from 15.6 million shares traded across nearly 9,800 transactions. PT Pertamina Geothermal Energy Tbk (PGEO) followed with a 0.34% gain to 1,480, posting the highest transaction value of the day at Rp 107 billion from over 71.7 million shares.
Other gainers included PT Arkora Hydro Tbk (ARKO), which edged up 0.62% to 810, and PT Semacom Integrated Tbk (SEMA), which added 1.18% to close at 86.
PT Hero Global Investment Tbk (HGII) and PT Kencana Energi Lestari Tbk (KEEN) ended flat at 159 and 820, respectively. PT Terregra Asia Energy Tbk (TGRA) also remained unchanged at 27, with no trading activity reported.
PT Maharaksa Biru Energi Tbk (OASA) was the only stock to decline, slipping 1.69% to 175, despite recording the day’s highest trading volume at over 77.7 million shares.
The session reflected positive investor sentiment, particularly in large-cap clean energy stocks, as sustained interest in BREN and PGEO drove market momentum. (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.
