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Aussie CleanTech Index - January

The Australian CleanTech Index is continuing to climb away from the record lows set last year, though it is struggling to keep pace with the overall market.
By · 6 Feb 2013
By ·
6 Feb 2013
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The ACT Australian CleanTech Index rose in January 2013 but still underperformed both the S&P ASX200 Index and the S&P Small Ordinaries Index.

The ACT Australian CleanTech Index rose from 31.9 to 32.9 over the month of January, recording a 3.1 per cent gain. This compared to the S&P ASX200 gain of 4.4 per cent and the S&P ASX Small Ordinaries Index gain of 3.8 per cent. The Australian CleanTech 20 recorded the same performance as the wider index for the month.

The longer-term figures for the ACT Australian CleanTech Index all remain behind the general market. 

The market capitalisation of the 68 stocks in the ACT Australian CleanTech Index is $6.7 billion, well off its peak of $16.3 billion in July 2007 but up from its low of $6.2 billion in July 2012.

The month's performance was driven by 10 companies with gains of more than 20 per cent.

The greatest gains were recorded by Cardia BioPlastics, Eden Energy and Panax Geothermal, each of which recorded gains of more than 50 per cent in January.

These gains were partially offset by seven companies recording losses of more than 15 per cent over the month including Mission NewEnergy with a 58 per cent loss and Quantum Energy with a 33 per cent loss.

These best and worst performers are shown in the table below:

The ACT Australian Cleantech Index is published each month on the Australian CleanTech website at www.auscleantech.com.au.

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John O'Brien
John O'Brien
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