Jakarta—Renewable energy stocks on the Indonesia Stock Exchange (IDX) closed mixed on Thursday, April 17, with three gainers, two decliners, and three stocks ending flat, as investors adjusted positions ahead of the weekend. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.29% to 6,418.572.
PT Kencana Energi Lestari Tbk (KEEN) rose 0.71% to 705, PT Pertamina Geothermal Energy Tbk (PGEO) added 0.60% to 840, and PT Maharaksa Biru Energi Tbk (OASA) edged up 1.63% to 125.
In contrast, PT Arkora Hydro Tbk (ARKO) declined 4.28% to 895, and PT Semacom Integrated Tbk (SEMA) slipped 1.23% to 80.
Meanwhile, PT Barito Renewables Energy Tbk (BREN), PT Hero Global Investment Tbk (HGII), and PT Terregra Asia Energy Tbk (TGRA) closed unchanged at 5,600, 172, and 32, respectively.
OASA recorded the highest trading volume at over 138 million shares, while BREN remained the most traded by value, with over Rp 45.4 billion in transactions. The market tone reflected cautious optimism as investors awaited new catalysts post-holiday. (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.
