The best and worst cleantech stocks in Australia

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Australian cleantech stocks outperformed mainstream indices for the month of December and the second quarter of current financial year.

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ACT Australian CleanTech Index outperformed the S&P ASX200 and the S&P ASX Small Ordinaries for both the month of December and the second quarter of FY15.

The ACT Australian CleanTech Index rose from 41.5 to 42.8 over the month of December recording a 3.3% gain. This compared to the S&P ASX200 gain of 1.8% and the no change for the S&P ASX Small Ordinaries Index. The Australian CleanTech 20 recorded a gain of 4.0%, slightly outperformaning the full index for the month.

Over the second quarter of the 2015 fiscal year, the ACT Australian CleanTech Index recorded a gain of 9.4%, ahead the S&P ASX200’s gain of 2.2% and the S&P ASX Small Ordinaries’ 4.5% loss.

The six and twelve month figures also remain well ahead of the wider market. Over the last 12 months, the ACT Australian CleanTech Index recorded a gain of 7.3%, 6.2% ahead of the S&P ASX200. Over the last 24 months, the ACT Australian CleanTech Index has gained 34.2%, well ahead of the S&P ASX200’s 15.8%.

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The market capitalisation of the 62 stocks in the ACT Australian CleanTech Index is A$17.0 billion, after its rebalance, recording another new high for the sector.

Best and Worst Stocks

The best and worst performers in terms of share price performance over the month and the quarter are shown in the table below.

The month’s performance was driven by 5 companies with gains of more than 20%. The greatest percentage gains were recorded by Pacific Environment (PEH), Solco (SOO) and Nanosonics (NAN). These gains were partially offset by 15 companies recording losses of more than 20% led by Sterling Biofuels (SBI), AnaeCo (ANQ) and Petratherm (PTR).

The quarter’s performance was driven by 10 companies with gains of more than 25%. The greatest gains were recorded by Solco (SOO), Aeris Environmental (AEI) and Papyrus Australia (PPY). These gains were partially offset by 9 companies recording losses of more than 25% led by Sterling Biofuels (SBI), Australian Renewable Fuels (ARW), Petratherm (PTR) and Soil Sub Technologies (SOI).

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1 Comment
  1. rick davies 5 years ago

    When will there be an ETF that follows this index? Such an index would give investors a safer way to invest in this area without having to pick specific stocks, which would involve a higher level of risk

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