Jakarta — Renewable energy stocks on the Indonesia Stock Exchange (IDX) ended mixed on Friday, August 8, with three stocks advancing, three declining, and two closing flat. The Indonesian Composite Price Index (IDX Composite) closed higher by 0.58% to 7,533.385.
PT Barito Renewables Energy Tbk (BREN) led the gains, soaring 9.66% to 7,950 with a robust trading value of Rp 573 billion and a volume of 73.66 million shares in 29,175 transactions. PT Pertamina Geothermal Energy Tbk (PGEO) rose 1.88% to 1,625, while PT Arkora Hydro Tbk (ARKO) was unchanged at 1,125.
On the downside, PT Maharaksa Biru Energi Tbk (OASA) slid 4.37% to 197, PT Kencana Energi Lestari Tbk (KEEN) eased 1.25% to 790, and PT Hero Global Investment Tbk (HGII) fell 3.95% to 146. PT Semacom Integrated Tbk (SEMA) and PT Terregra Asia Energy Tbk (TGRA) closed unchanged at 91 and 27, respectively, with TGRA again recording no trades.
Compared to Thursday’s session, today’s performance was buoyed by BREN’s rally, offsetting declines in OASA and HGII, and keeping the segment’s momentum positive ahead of next week’s trading. (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.
