Jakarta — Shares of renewable energy companies listed on the Indonesia Stock Exchange (IDX) closed mixed on Thursday, August 7, with three stocks gaining, three declining, and two remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed at 7,507.74.
PT Hero Global Investment Tbk (HGII) led the gainers, rising 6.29% to close at 152, driven by strong investor interest and trading volume of over 33.5 million shares worth approximately Rp 495 billion. PT Arkora Hydro Tbk (ARKO) edged up 0.45% to 1,125, while PT Barito Renewables Energy Tbk (BREN) gained 0.35% to 7,250, contributing to positive momentum in the sector.
On the downside, PT Pertamina Geothermal Energy Tbk (PGEO) fell 0.62% to 1,595, and PT Maharaksa Biru Energi Tbk (OASA) slipped 0.96% to 206, despite recording the highest transaction volume at 339 million shares worth over Rp 73.5 billion. PT Semacom Integrated Tbk (SEMA) also declined, closing 5.21% lower at 91.
PT Kencana Energi Lestari Tbk (KEEN) and PT Terregra Asia Energy Tbk (TGRA) ended the day flat at 800 and 27, respectively, with TGRA remaining untraded.
Investor sentiment appeared cautious as some traders booked profits following recent rallies, though HGII’s performance indicated selective buying in mid-cap clean energy stocks. (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.
