Jakarta—Shares of issuers with renewable energy businesses closed mixed on Tuesday, November 5. Of the seven stocks listed on the Indonesia Stock Exchange, four renewable energy issuers closed trading in the red zone, while two were green, and one ended stagnant.
Shares of renewable energy issuers that strengthened in today’s trade, namely PT Maharaksa Biru Energi Tbk (OASA), which strengthened 3.1% at level 133, and PT Pertamina Geothermal Energy Tbk (PGEO) strengthened 0.47% to level 1,070.
Then, the shares that ended stagnant in today’s trading, namely PT Kencana Energi Lestari Tbk (KEEN) at level 650.
Meanwhile, the four stocks that ended in the red zone in today’s trading were PT Terregra Asia Energy Tbk (TGRA), which fell 4.76% at level 20, PT Semacom Integrated Tbk (SEMA), which fell 3.53% at level 82, PT Arkora Hydro Tbk (ARKO), which weakened 1.48% at level 1,000, and PT Barito Renewables Energy Tbk (BREN), which fell 3.03% at level 6,400.
The closing of BREN shares today was inversely proportional to the movement of the Indonesia Composite Shares Price Index (IDX Composite), which at the close of trading today was parked at 7,491.93, or slightly strengthened by 0.17%. (hs)
