JAKARTA – Stock price of PT Barito Renewables Energy Tbk (BREN) soared 3.85% to IDR 6,750 per share at 10.13 AM WIB from IDR 6,500 seen at 9 AM WIB today (14/10). This shift was the most prominent amongst five issuers with the highest market capitalisation in the stock exchange.

Based on the compiled data, BREN peaked at IDR 6,850 per share at 9 AM WIB, exceeding the stock price recorded last Tuesday (8/10) at IDR 6,825 per share. This upturn in stock price resembles BREN’s trend throughout last week (7-11/10), in which it gained strength at the beginning of the week before declining nearing the weekend.

BREN’s market cap was recorded at IDR 896.37 trillion, with price-to-earning (P/E) ratio of 532.14 and dividend yield of 0.88%. The number of shares were reported at 133.78 billion.

The shift in BREN this morning further affected Jakarta Stock Price Composite Index (JCI). Other jumbo market cap also reported increasing, including PT Barito Pacific Tbk (BRPT) by 2.51%, PT Bank Central Asia Tbk (BBCA) by 0.96%, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) by 0.,41%, and PT Bank Negara Indonesia (Persero) Tbk (BBNI) by 0.93%. (LK/ZH)