The quarterly performance report has been released for the ACT Australian CleanTech Index, showing that cleantech stocks under- performed the general market for both the month of March and the third quarter of the financial year. The six and twelve month figures remain ahead of the wider market with returns for the ACT Index recording gains of 7.0% and 10.7% respectively.
AnaeCo, Actinogen and Papyrus were some of the best performers, with a share price gain of more than 10 per cent for the month and over 20 per cent for the third quarter.  These gains were offset, however, by 15 companies recording losses of more than ten per cent.
Enviromission and Algae.Tec were some of the worst performers, recording a share price loss of over 10 per cent for the month and 20 per cent for the quarter.
Co2 Group, Dyesol and AnaeCo recorded share price gains in excess of 10 per cent.
The sub-sectors that performed best over the quarter were the Geothermal Index (8.7 per cent), and the Environmental Services Index (4.6 per cent).
The worst performer was again the ACT Biofuels Index with losses totalling approximately 22 per cent.
The Index was rebalanced towards the end of the end or the quarter with Mighty River Power Ltd joining and three removed (CBD Energy Ltd, KUTH Ltd, Torrens Energy Ltd) from the index covering 64 stocks with a combined market capitalisation of over $14 billion.
