Jakarta—Renewable energy stocks listed on the Indonesia Stock Exchange (IDX) ended mixed on Wednesday, May 7. Three stocks advanced, four declined, and one remained unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.41% to 6,926.225.
PT Pertamina Geothermal Energy Tbk (PGEO) led the gainers with a 0.53% increase to 945, followed by PT Semacom Integrated Tbk (SEMA) and PT Hero Global Investment Tbk (HGII), which each added 1 point to close at 83 and 179, respectively.
On the downside, PT Barito Renewables Energy Tbk (BREN) fell 1.61% to 6,100, while PT Arkora Hydro Tbk (ARKO) and PT Kencana Energi Lestari Tbk (KEEN) dropped 2.20% and 1.66%, respectively. PT Maharaksa Biru Energi Tbk (OASA) also declined 2.84% to 137. PT Terregra Asia Energy Tbk (TGRA) closed flat at 38.
BREN led in both transaction value—over Rp 444 billion—and trading volume, with more than 70 million shares exchanged. Despite some weakness in key counters, trading activity remained strong, signalling continued investor interest in the clean 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.
