Clean tech stocks better the benchmarks

Despite a disappointing fourth quarter, the Australian CleanTech Index recorded a strong gain of 19.6% for the financial, well ahead of the ASX200's 12.3% and the Small Ordinaries' 9.6%.

The Australian CleanTech Index outperformed the S&P ASX200 and the S&P ASX Small Ordinaries for the month of June and for the full 2013-14 financial year, with mixed results for the fourth quarter and second half of the year. 

The Australian CleanTech Index fell from 37.2 to 37.0 over the month of June recording a 0.4 per cent loss. This compared to the S&P ASX200 loss of 1.8 per cent and the S&P ASX Small Ordinaries Index loss of 1.4 per cent. The Australian CleanTech 20 recorded a loss of 0.2 per cent for the month. 

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John O'Brien

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