Jakarta — Renewable energy stocks on the Indonesia Stock Exchange (IDX) closed mixed on Monday, July 21, with three stocks advancing, three declining, and two remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 1.18% to 7,398.192.
PT Pertamina Geothermal Energy Tbk (PGEO) gained 0.91% to 1,670, leading in both trading volume and value with 111 million shares exchanged for over Rp 186 billion in 31,534 transactions. PT Maharaksa Biru Energi Tbk (OASA) also posted a solid gain of 3.68% to 197, supported by strong investor interest and a trading volume of 362 million shares, valued at Rp 70.7 billion.
PT Kencana Energi Lestari Tbk (KEEN) edged up 0.62% to 810, while PT Barito Renewables Energy Tbk (BREN) slipped 1.25% to 7,900, despite recording the day’s second-highest trading value at over Rp 362 billion.
Other losers included PT Arkora Hydro Tbk (ARKO), down 1.17% to 845, and PT Hero Global Investment Tbk (HGII), which fell 1.26% to 157. Meanwhile, PT Semacom Integrated Tbk (SEMA) and PT Terregra Asia Energy Tbk (TGRA) remained flat at 85 and 27, respectively, with TGRA again recording no trades.
Investor sentiment appeared cautious ahead of the week, with selective interest concentrated in large-cap players like PGEO and fast-moving stocks like OASA. (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.
