Jakarta—Shares of renewable energy companies listed on the Indonesia Stock Exchange (IDX) closed mixed on Wednesday, March 12, with two stocks gaining, two declining, and four remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 1.82% to 6,665.04.
Among the gainers, PT Hero Global Investment Tbk (HGII) rose 1.75% to 174, while PT Kencana Energi Lestari Tbk (KEEN) increased 0.79% to 635.
On the losing side, PT Arkora Hydro Tbk (ARKO) fell 2.20% to 890, while PT Maharaksa Biru Energi Tbk (OASA) slipped 2.38% to 123.
Meanwhile, PT Barito Renewables Energy Tbk (BREN), PT Pertamina Geothermal Energy Tbk (PGEO), PT Semacom Integrated Tbk (SEMA), and PT Terregra Asia Energy Tbk (TGRA) remained unchanged at 6,150, 815, 83, and 37, respectively.
OASA led trading activity, with over 62 million shares exchanged. The mixed market performance reflected investor caution amid fluctuating sentiment 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.
