Renewable energy stocks mostly stagnant at the end of the week

Jakarta – Shares of companies with renewable energy businesses closed mixed on weekend trading on Friday, November 22. Of the seven shares of companies listed on the Indonesia Stock Exchange (IDX), only two ended up higher, while four ended stagnant and one closed lower.

Two shares of renewable energy issuers ended in the green zone in today’s trade: PT Barito Renewables Energy Tbk (BREN), which strengthened 2.29% at 6,700, and PT Pertamina Geothermal Energy Tbk (PGEO), which ended 0.98% higher at 1,030.

Meanwhile, four stocks recorded the same closing level as the opening, namely PT Arkora Hydro Tbk (ARKO) at 965, PT Kencana Energi Lestari Tbk (KEEN) at 625, PT Terregra Asia Energy Tbk (TGRA) at 19, and PT Maharaksa Biru Energi Tbk (OASA) at 133.

As for one stock that closed in the red zone, PT Semacom Integrated Tbk (SEMA) ended down 1.19% at level 83. (hs)

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