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

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note