Jakarta—Shares of renewable energy companies listed on the Indonesia Stock Exchange (IDX) closed mixed on Friday, February 21, with two stocks gaining, four declining, and two remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.09% to 6,794.153.
Leading the gainers, PT Barito Renewables Energy Tbk (BREN) rose 2.99% to 6,900, followed by PT Arkora Hydro Tbk (ARKO), which edged up 0.53% to 940.
On the downside, PT Terregra Asia Energy Tbk (TGRA) saw the sharpest decline, falling 8.70% to 42. PT Pertamina Geothermal Energy Tbk (PGEO) slipped 2.14% to 915, and PT Hero Global Investment Tbk (HGII) dropped 1.49% to 199.
Meanwhile, PT Kencana Energi Lestari Tbk (KEEN), PT Maharaksa Biru Energi Tbk (OASA), and PT Semacom Integrated Tbk (SEMA) remained unchanged at 650, 136, and 91, respectively.
Trading activity was led by BREN, with over 21 million shares exchanged. The mixed market sentiment reflected investors’ cautious approach ahead of the weekend. (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.
