Jakarta—Renewable energy stocks on the Indonesia Stock Exchange (IDX) ended the week on a positive note, with four stocks gaining and four others closing unchanged on Friday, April 25. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.99% to 6,678.915.
PT Pertamina Geothermal Energy Tbk (PGEO) led the gains, climbing 4.89% to 965, followed by PT Kencana Energi Lestari Tbk (KEEN), which rose 3.40% to 760. PT Maharaksa Biru Energi Tbk (OASA) and PT Semacom Integrated Tbk (SEMA) also advanced, up 1.40% and 2.50%, respectively.
Meanwhile, PT Barito Renewables Energy Tbk (BREN), PT Arkora Hydro Tbk (ARKO), PT Hero Global Investment Tbk (HGII), and PT Terregra Asia Energy Tbk (TGRA) all closed unchanged.
PGEO recorded the highest trading volume, at over 38 million shares, while BREN continued to dominate in transaction value, totaling Rp 55 billion. As the week wrapped up, the overall market mood reflected steady investor interest in clean energy plays. (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.
