Jakarta — Renewable energy stocks on the Indonesia Stock Exchange (IDX) closed mixed on Wednesday, July 9, with two stocks gaining, three declining, and three remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.43% to 6,934.092.
PT Pertamina Geothermal Energy Tbk (PGEO) led the gainers with a 0.68% rise to 1,475, notching the day’s highest transaction value at over Rp 65.4 billion from more than 44.5 million shares traded. PT Maharaksa Biru Energi Tbk (OASA) followed with a 0.56% increase to 178, on the highest trading volume of the day, totalling 320 million shares and a value of Rp 57.6 billion.
Meanwhile, PT Barito Renewables Energy Tbk (BREN) slipped 0.42% to 5,975 despite a strong transaction value of Rp 57.4 billion. Other decliners included PT Semacom Integrated Tbk (SEMA), which fell 1.16% to 85, and PT Hero Global Investment Tbk (HGII), down 0.63% to 159.
PT Arkora Hydro Tbk (ARKO), PT Kencana Energi Lestari Tbk (KEEN), and PT Terregra Asia Energy Tbk (TGRA) closed flat at 805, 820, and 27, respectively, with TGRA reporting no trading activity.
The session highlighted mixed investor sentiment, with strong interest in PGEO and OASA offset by profit-taking in BREN and other 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.
