Jakarta—Renewable energy stocks on the Indonesia Stock Exchange (IDX) posted a broadly positive performance on Wednesday, April 23, with five stocks gaining, one declining, and two closing unchanged. The Indonesian Composite Price Index (IDX Composite) closed higher by 1.37% to 6,627.514.
PT Barito Renewables Energy Tbk (BREN) led in value and volume, climbing 1.67% to 6,100, followed by PT Kencana Energi Lestari Tbk (KEEN), which rose 2.82% to 730. PT Maharaksa Biru Energi Tbk (OASA) edged up 2.22% to 138, while PT Hero Global Investment Tbk (HGII) and PT Semacom Integrated Tbk (SEMA) both advanced modestly by 0.56% and 1.25%, respectively.
PT Arkora Hydro Tbk (ARKO) was the only decliner, falling 2.20% to 890, while PT Pertamina Geothermal Energy Tbk (PGEO) and PT Terregra Asia Energy Tbk (TGRA) ended flat at 865 and 32, respectively.
OASA once again recorded the highest trading volume, with over 232 million shares changing hands, while BREN topped the value chart with Rp 124 billion in turnover. The overall market sentiment remained upbeat, supported by strong demand in key renewable energy counters. (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.
