Jakarta—Shares of companies with renewable energy businesses closed mixed with an average weakening in early week trading on Monday, December 2, 2024. Four renewable energy stocks ended up in the red zone today, with a significant weakening or above 1%.
The four stocks that closed weak on Monday were PT Pertamina Geothermal Energy Tbk (PGEO), which closed down 2.53% at 965; PT Arkora Hydro Tbk (ARKO) shares, which weakened 2.06% at 950; PT Kencana Energi Lestari Tbk (KEEN), which fell 3.12% at 620, and PT Terregra Asia Energy Tbk (TGRA), which weakened 5.26% at 18.
On the other hand, the shares of renewable energy issuers that closed in the green zone in trading earlier this week, namely PT Barito Renewables Energy Tbk (BREN), which strengthened 1.51% at 6,725, and PT Maharaksa Biru Energi Tbk (OASA) strengthened 3.68% at 141.
Meanwhile, one share of a renewable energy issuer ended stagnant on Monday’s trading, namely shares of PT Semacom Integrated Tbk (SEMA) at level 86. (hs)