Jakarta—Shares of renewable energy companies listed on the Indonesia Stock Exchange (IDX) closed mixed on Thursday, March 6, with three stocks gaining, two declining, and three remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed lower by 0.48% to 6,585.84.
PT Barito Renewables Energy Tbk (BREN) led the gainers, rising 3.69% to 6,325, followed by PT Hero Global Investment Tbk (HGII), which edged up 1.13% to 179. PT Kencana Energi Lestari Tbk (KEEN) also increased 0.79% to 635.
On the downside, PT Arkora Hydro Tbk (ARKO) fell 2.66% to 915, while PT Terregra Asia Energy Tbk (TGRA) slipped 2.56% to 38.
Meanwhile, PT Maharaksa Biru Energi Tbk (OASA), PT Pertamina Geothermal Energy Tbk (PGEO), and PT Semacom Integrated Tbk (SEMA) remained unchanged at 128, 865, and 87, respectively.
Trading volume was highest for OASA, with over 51 million shares exchanged. The mixed performance reflected a combination of profit-taking and selective buying in the renewable energy sector. (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.
