Jakarta—Renewable energy stocks on the Indonesia Stock Exchange (IDX) began the week with a modestly positive tone on Monday, April 21. Four stocks advanced, one declined, and three remained unchanged. The Indonesian Composite Price Index (IDX Composite) closed lower by 0.13% to 6,429.805.
PT Arkora Hydro Tbk (ARKO) rose 1.68% to 910, while PT Pertamina Geothermal Energy Tbk (PGEO) added 1.19% to 850. PT Hero Global Investment Tbk (HGII) gained 2.33% to 176, and PT Kencana Energi Lestari Tbk (KEEN) edged up 0.71% to 710.
On the downside, PT Maharaksa Biru Energi Tbk (OASA) slipped 1.60% to 123, while PT Barito Renewables Energy Tbk (BREN), PT Semacom Integrated Tbk (SEMA), and PT Terregra Asia Energy Tbk (TGRA) all closed flat at 5,600, 80, and 32, respectively.
Trading activity was led by OASA, which saw over 83 million shares exchanged, followed by HGII with more than 22 million shares. The session reflected a cautious but steady investor outlook as markets resumed after the long weekend. (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.
