Antinuclear

Australian news, and some related international items

Renewable energy performing well on Australian stock exchange

Australian CleanTech Index performance – Q2 Climate Spectator,  7 Jan 14, ACT Australian CleanTech Index outperformed both the S&P ASX200 and the S&P ASX Small Ordinaries for the month of December and over the second quarter of financial year 2014.

The ACT Australian CleanTech Index rose from 38.5 to 39.9 over December, recording a 3.6 per cent gain.

This compared to the S&P ASX200 gain of 0.6 per cent and the S&P ASX Small Ordinaries Index gain of 2.3 per cent.

The Australian CleanTech 20 had a slightly better performance with a gain of 4 per cent.

Over the second quarter of the 2014 fiscal year, the ACT Australian CleanTech Index significantly outperformed its benchmarks and recorded a healthy gain of 12.7 per cent, well ahead of the S&P ASX200 ‘s gain of 2.6 per cent and the S&P ASX Small Ordinaries’ 0.6 per cent loss.

Over the first half of the 2014 fiscal year, the ACT Australian CleanTech Index also significantly outperformed its benchmarks and recorded a gain of 28.9 per cent compared to the S&P ASX200’s gain of 11.4 per cent and the S&P ASX Small Ordinaries’ 12.8 per cent gain. The 12-month figures are also well ahead of the wider market with the returns for the ACT Australian CleanTech Index recording a 25 per cent gain, more than 10 per cent ahead of the S&P ASX200…….

Best and worst stocks

The best and worst performers in terms of share price performance over the month, and the second quarter and first half of the 2014 fiscal year are shown in the table below.

The month’s performance was driven by 10 companies with gains of more than 10 per cent………http://www.businessspectator.com.au/article/2014/1/7/renewable-energy/australian-cleantech-index-performance-%E2%80%93-q2

January 7, 2014 - Posted by | Uncategorized

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