Jakarta — Renewable energy stocks on the Indonesia Stock Exchange (IDX) closed mixed on Monday, July 7, with three stocks advancing, three declining, and two remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.52% to 6,900.932.
PT Pertamina Geothermal Energy Tbk (PGEO) posted the highest transaction value of the day at over Rp 91.5 billion, rising 1.78% to 1,430, supported by a strong volume of more than 64.3 million shares. PT Barito Renewables Energy Tbk (BREN) followed with a 2.19% gain to 5,825, contributing more than Rp 93 billion in value.
On the downside, PT Kencana Energi Lestari Tbk (KEEN) fell 1.90% to 775, while PT Arkora Hydro Tbk (ARKO) slipped 1.24% to 795. PT Maharaksa Biru Energi Tbk (OASA) also declined by 3.37% to 172, despite recording the highest trading volume of the day at 149 million shares, valued at over Rp 25.9 billion.
PT Semacom Integrated Tbk (SEMA) rose 2.38% to 86, while PT Hero Global Investment Tbk (HGII) and PT Terregra Asia Energy Tbk (TGRA) ended flat at 160 and 27, respectively.
The session reflected cautious optimism, with investor focus on large-cap plays such as PGEO and BREN, while profit-taking persisted in small- and mid-cap names. (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.
