Shares of renewable energy issuers closed mixed

Jakarta—Shares of companies with renewable energy businesses listed on the Indonesia Stock Exchange (IDX) closed mixed on Wednesday, November 20. Of the seven listed companies, three ended in the red zone, three were stagnant, and only one closed in the green zone.

The only renewable energy issuer’s shares that ended in the green zone in today’s trading, namely PT Maharaksa Biru Energi Tbk (OASA), strengthened 1.5% at 135.

Three shares of renewable energy issuers closed trading in the red zone on Wednesday: PT Barito Renewables Energy Tbk (BREN), which weakened 1.46% to 6,750; PT Arkora Hydro Tbk (ARKO), which weakened 1.03% to 960; and PT Kencana Energi Lestari Tbk (KEEN), which fell 0.8% to 620.

Meanwhile, the shares of renewable energy issuers whose closing levels are the same as the opening of trading today, namely PT Pertamina Geothermal Energy Tbk (PGEO) at 1,040, PT Semacom Integrated Tbk (SEMA) at 85, and PT Terregra Asia Energy Tbk (TGRA) at 19. (hs)

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