Renewable energy shares closed mixed as the IDX Composite rallied

Jakarta – Shares of issuers with renewable energy businesses closed mixed in early trading this week, Monday, September 2. The mixed closing accompanied the strengthening of the Indonesia Composite Index (IDX Composite) by 0.31% to 7,694.53.

Two renewable energy issuers’ shares closed stagnant today: PT Barito Renewables Energy (BREN) shares and PT Pertamina Geothermal Energy (PGEO) shares.

The stocks that strengthened were PT Maharaksa Biru Energi Tbk (OASA), which rose 2.78% to 148, PT Kencana Energi Lestari Tbk (KEEN), which rose 0.72% to 695, and PT Arkora Hydro Tbk (ARKO), which appreciated 2.55% to 1,005.

Meanwhile, the shares of renewable energy issuers that weakened in today’s trade were PT Semacom Integrated Tbk (SEMA), which fell 0.92% to level 108, and PT Terregra Asia Energy Tbk (TGRA), which fell 4.55% to level 21. (hs)

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