Australian CleanTech Index Falls in November

Dec 11 2009 | 9:50am ET

The ACT Australian CleanTech Index fell 2.4% over the month of November to 68.4.

The Australian index slipped more than both its benchmarks – the S&P ASX200, which fell 0.1% and the S&P ASX Small Ordinaries Index, which gained 2.4%.

For the calendar year to date, the ACT index has gained 10.2%, significantly below the 25.1% gain of the S&P ASX200 index, and the 49.0% gain of the S&P ASX Small Ordinaries index.

The market capitalization of the 77 stocks in the ACT Australian CleanTech Index is A$10.2 billion, down from a peak of $16.3 billion in July 2007.

The month’s performance was driven by poor results from Quantum Energy, Infigen Energy, Island Sky, Transpacific Industries and Carnegie Wave Energy (in reaction to its failure to secure the REDP funding). The results were partially offset by strong results from WHL Energy, Solverdi Worldwide, Mission NewEnergy, Dolomatrix and Pro-Pak Packaging.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note