Green energy stocks lacklustre ahead of the weekend

Jakarta – Shares of companies with renewable energy businesses listed on the Indonesia Stock Exchange (IDX) tended to close lower in trading ahead of the weekend, Friday, November 29. Of the seven stocks of renewable energy issuers, only one stock ended in the green zone, while four stocks ended weak, and two were stagnant.

One renewable energy issuer’s shares ended in the green zone, namely PT Kencana Energi Lestari Tbk (KEEN), which closed at 640, or 0.79% higher.

The four stocks that ended weakened in today’s trading were PT Barito Renewables Energy Tbk (BREN), which fell 1.85% at 6,625, PT Pertamina Geothermal Energy Tbk (PGEO), which weakened 1.49% at 990, PT Arkora Hydro Tbk (ARKO), which fell 3.48% at 970, and PT Semacom Integrated Tbk (SEMA), which weakened 1.15% at 86.

Meanwhile, two shares of renewable energy issuers closed stagnant today: PT Maharaksa Biru Energi Tbk (OASA) at 136 and PT Terregra Asia Energy Tbk (TGRA) at 19. (hs)

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