Jakarta—Shares of renewable energy companies listed on the Indonesia Stock Exchange (IDX) closed mixed on Thursday, March 20, with five stocks gaining and three declining. The Indonesian Composite Price Index (IDX Composite) closed higher by 1.11% to 6,381.674.
Among the gainers, PT Barito Renewables Energy Tbk (BREN) led with a 5.66% rise to 5,600, followed by PT Maharaksa Biru Energi Tbk (OASA), which climbed 3.36% to 123. PT Kencana Energi Lestari Tbk (KEEN) gained 1.63% to 625, while PT Hero Global Investment Tbk (HGII) and PT Semacom Integrated Tbk (SEMA) both increased 1.15% to 176 and 2.47% to 83, respectively.
On the losing side, PT Arkora Hydro Tbk (ARKO) fell 2.20% to 890, while PT Terregra Asia Energy Tbk (TGRA) edged down 2.78% to 35. PT Pertamina Geothermal Energy Tbk (PGEO) recorded a modest gain of 0.67% to 755.
Trading activity was led by OASA, with over 117 million shares exchanged. The mixed market performance reflected selective investor interest amid ongoing market fluctuations. (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.
