Jakarta—Shares of companies in the renewable energy business closed mixed in early-week trading on Monday, December 23. Of the seven stocks listed on the Indonesia Stock Exchange (IDX), three ended in the green zone, while four recorded losses.
Three stocks closed trading in the positive zone on Monday: PT Barito Renewables Energy Tbk (BREN), which closed up 1.9% at 9,375; PT Terregra Asia Energy Tbk (TGRA), which strengthened significantly by 8.33% to 26; and PT Kencana Energi Lestari Tbk (KEEN), which rose 0.84% to 26.
Meanwhile, four shares of renewable energy issuers ended trading in the red zone today, namely shares of PT Pertamina Geothermal Energy Tbk (PGEO) which weakened 1.54% at 960, PT Arkora Hydro Tbk (ARKO) weakened 1.06% at 935, PT Semacom Integrated Tbk (SEMA) fell 2.3% at 85, and PT Maharaksa Biru Energi (OASA) which weakened 6.34% at 133. (hs)
