The Australian CleanTech Index rose from 46.53 to 50.03 over the month of April, recording a 7.5 per cent gain. This compared to the ASX200 gain of 3.5 per cent and the ASX Small Ordinaries Index gain of 3 per cent. The Australian CleanTech 20 rose 7.3 per cent for the month.
The CleanTech Index continues to outperform the wider market over each of the longer periods reported in the table below. The 12-month performance now leads the ASX200 by 21.5 per cent and three year performance leads by over 50 per cent!
The best performing sub-indices for the month were the Australian Efficiency & Storage Index with a 15.8 per cent gain and the Australian Water Index with an 8.8 per cent gain. The weakest sub-index through April was the Australian Renewable Energy Index recording a gain of only 5.6 per cent.
The market capitalisation of the 64 stocks in the Australian CleanTech Index is $A22.3 billion recording a new high.
The month’s performance included 13 companies with gains of more than 20 per cent. The greatest percentage gains were recorded by Eden Energy (EDE), Environmental Group (EGL) and Phoslock Water Solutions (PHK).
The greatest market capitalisation gain was recorded by Mighty River Power (MYT).
These gains were partially offset by 7 companies recording losses of more than 10 per cent led by Intec (INL), Quantum Energy (QTM) and Traffic Technologies (TTI).
The greatest market capitalisation loss was recorded by Tox Free Solutions (TOX).
The Australian CleanTech Index is published each month on the Australian CleanTech website at www.auscleantech.com.au, in the Ethical Investor magazine, WME’s Environmental Management News, the Clean Energy Council website, the SIM Venture Securities Exchange website and the London-based Cleantech Investor. Â
Monthly performance reports can be emailed directly by signing up to the distribution list at www.auscleantech.com.au/pages/ACT_Australian_Cleantech_Index.php.
