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Australian CleanTech Index - April

The ACT Australian CleanTech Index drifted lower in April, wiping out much of the gains of the first quarter of calendar 2013.
By · 6 May 2013
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6 May 2013
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The ACT Australian CleanTech Index fell in April 2013 and significantly underperformed the S&P ASX200 Index, although it managed to just outperform the S&P Small Ordinaries Index.

The ACT Australian CleanTech Index fell from 34.2 to 32.7 over the month of April, a 4.4 per cent loss. This compared to the S&P ASX200 gain of 4.5 per cent and the S&P ASX Small Ordinaries Index loss of 4.7 per cent. The Australian CleanTech 20 recorded a slightly better result with a loss of 4.2 per cent.

The longer-term figures for the ACT Australian CleanTech Index all remain behind the S&P ASX200 but the three and six month figures are ahead of the S&P Small Ordinaries Index.

Graph for Australian CleanTech Index - April

The market capitalisation of the 70 stocks in the ACT Australian CleanTech Index is $9.1 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 nine companies with losses of more than 25 per cent. The greatest losses were recorded by Actinogen (48 per cent), Petratherm (44 per cent) and Coffey Environments (43 per cent). These losses were partially offset by five small companies recording gains of more than 10 per cent.

The best and worst performers are shown in the table below.

Graph for Australian CleanTech Index - April

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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