Jakarta—Shares of renewable energy companies listed on the Indonesia Stock Exchange (IDX) closed mixed on Thursday, March 27, with two stocks gaining, two declining, and four remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.59% to 6,510.62.
PT Kencana Energi Lestari Tbk (KEEN) led the gainers with a strong 12.10% jump to 695, followed by PT Terregra Asia Energy Tbk (TGRA), which edged up 3.13% to 33.
On the downside, PT Pertamina Geothermal Energy Tbk (PGEO) fell 1.83% to 805, while PT Arkora Hydro Tbk (ARKO) slipped 0.57% to 870.
Meanwhile, PT Barito Renewables Energy Tbk (BREN) rose 0.92% to 5,500, but most of the remaining stocks closed flat: PT Hero Global Investment Tbk (HGII) at 165, PT Maharaksa Biru Energi Tbk (OASA) at 127, and PT Semacom Integrated Tbk (SEMA) at 82.
OASA led the market in trading volume, with over 217 million shares exchanged. The overall market tone was steady, with selective buying supporting gains in a few counters. (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.
