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Australian CleanTech Index - May

The ACT Australian CleanTech Index continued a three month long retreat in May, with the period seeing much of the gains of earlier in the year erased.
By · 3 Jun 2013
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3 Jun 2013
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The ACT Australian CleanTech Index fell marginally in May 2013 but managed to outperform both the S&P ASX200 Index and the S&P Small Ordinaries Index.

The ACT Australian CleanTech Index fell from 32.74 to 32.72 over the month of May, recording a 0.1 per cent loss. This compared favourably to the S&P ASX200 loss of 5.1 per cent and the S&P ASX Small Ordinaries Index loss of 3.9 per cent. The Australian CleanTech 20 recorded a slightly poorer result with a loss of 0.7 per cent.

The longer-term figures for the ACT Australian CleanTech Index all remain behind the S&P ASX200 but the three, six and 12 month figures are all ahead of the S&P Small Ordinaries Index.

Graph for Australian CleanTech Index - May

The market capitalisation of the 70 stocks in the ACT Australian CleanTech Index is $9.1 billion falling from 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 Dyesol (290 per cent), Enerji (100 per cent) and Petratherm (92 per cent). These gains were offset by 13 companies recording losses of more than 20 per cent led by a 56 per cent loss by Papyrus (56 per cent), Water Resources Group (40 per cent) and CBD Energy (40 per cent).

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

Graph for

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
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