Early retirement of coal-fired power plants in Java Island as part of energy transition program and global appetite in clean energy might have contributed to substantial gain in shares of Pertamina Geothermal Energy (PGEO), the largest in Indonesia. The stock went up to Rp1,345 on Wednesday (Sept 6) before closing lower by 0.4% to Rp1,285 to make a market capitalization of Rp53.2 trillion.To subscribe please click here
