Jakarta—Shares of renewable energy companies listed on the Indonesia Stock Exchange (IDX) closed mixed on Wednesday, February 26, with three stocks gaining, two declining, and three remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed lower by 0.04% to 6,584.33.
Leading the gainers, PT Barito Renewables Energy Tbk (BREN) surged 4.90% to 6,425, followed by PT Maharaksa Biru Energi Tbk (OASA), which rose 3.25% to 127. PT Semacom Integrated Tbk (SEMA) also gained 2.30% to 89.
On the losing side, PT Arkora Hydro Tbk (ARKO) slipped 1.60% to 925, while PT Hero Global Investment Tbk (HGII) edged down 1.05% to 188.
Meanwhile, PT Kencana Energi Lestari Tbk (KEEN), PT Pertamina Geothermal Energy Tbk (PGEO), and PT Terregra Asia Energy Tbk (TGRA) remained unchanged at 645, 925, and 44, respectively.
Trading activity was led by OASA, with over 61 million shares exchanged. The mixed performance reflected profit-taking and investor optimism in select stocks. (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.
