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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of