Jakarta — Renewable energy stocks on the Indonesia Stock Exchange (IDX) mainly closed higher on Thursday, July 3, with five stocks advancing, two declining, and one remaining unchanged. The Indonesian Composite Price Index (IDX Composite) closed stronger by 0.01% to 6,888.197.
PT Pertamina Geothermal Energy Tbk (PGEO) led the gains, surging 5.88% to 1,440, supported by strong market interest with over 81 million shares traded and a transaction value exceeding Rp 116 billion, the highest of the day.
PT Arkora Hydro Tbk (ARKO) rose 0.63% to 800, while PT Kencana Energi Lestari Tbk (KEEN) edged up 0.65% to 780. PT Semacom Integrated Tbk (SEMA) also climbed 1.22% to 83, and PT Hero Global Investment Tbk (HGII) closed flat at 159.
On the downside, PT Barito Renewables Energy Tbk (BREN) slipped 1.29% to 5,750, despite a sizeable transaction value of over Rp 18.4 billion. PT Maharaksa Biru Energi Tbk (OASA) recorded the day’s highest trading volume at over 246 million shares, but fell 3.17% to 183, with a total transaction value of Rp 45 billion.
PT Terregra Asia Energy Tbk (TGRA) remained unchanged at 27, with no trading activity reported.
The rebound was driven by gains in large-cap stocks such as PGEO, suggesting renewed investor confidence in the clean energy sector amid broader market stability. (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.
