Jakarta—Renewable energy stocks on the Indonesia Stock Exchange (IDX) ended Friday, May 9, on a mixed note, with three stocks advancing, four declining, and one remaining flat. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.07% to 6,832.803.
PT Barito Renewables Energy Tbk (BREN) led the gainers, rising 0.84% to 6,000, followed by PT Maharaksa Biru Energi Tbk (OASA), which climbed 3.62% to 143. PT Hero Global Investment Tbk (HGII) also gained 1.14% to close at 178.
On the downside, PT Kencana Energi Lestari Tbk (KEEN) saw the steepest drop, falling 3.45% to 840, while PT Pertamina Geothermal Energy Tbk (PGEO) and PT Arkora Hydro Tbk (ARKO) each declined 1.05% and 1.10%, respectively. PT Semacom Integrated Tbk (SEMA) slipped 1.19% to 83.
PT Terregra Asia Energy Tbk (TGRA) remained unchanged at 38.
OASA was the most actively traded stock by volume, with over 255 million shares exchanged, while BREN led in transaction value at more than Rp 54 billion. The mixed performance reflected a cautious market tone heading into 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.
