Pertamina Geothermal Energy is trading at IDR 1050.00, down -4.55%, amid Indonesian energy-sector weakness.

  • The broader Indonesian market weakened, with the IHSG down 0.86% on August 19.
  • Energy-sector losses were broad, and Pertamina Geothermal Energy was among notable laggards; no fresh earnings shock or major operational setback was identified.
  • Investors are monitoring the MESOP starting August 24, potentially adding 127 million shares and raising approximately Rp112.1 billion.