Clean energy stocks slip off the high road
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Start your free 15 day trial now' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
The ACT Australian CleanTech Index fell in February 2014 and underperformed both the S&P ASX200 Index and the S&P Small Ordinaries.
The ACT Australian CleanTech Index fell from 39.3 to 38.4 over the month of February recording a 2.2 per cent loss. This compared to the S&P ASX200 gain of 4.1 per cent and the S&P ASX Small Ordinaries Index gain of 4.4 per cent. The Australian CleanTech 20 recorded a slightly worse result with a loss of 2.3 per cent.
The ACT Australian CleanTech Index ended its seven-month run of outperformance against its benchmarks although still remains ahead over the last six and 12 months. Over the last six months it is still running 6.1 per cent ahead of the ASX200.
The best performing sub-indices for the month were the ACT Geothermal Index with a gain of 1.2 per cent and the ACT Waste Index with a loss of just 0.6 per cent.
The two weakest sub-indices through February were the ACT Biofuels Index (as usual) which recorded a loss of 9.7 per cent and the ACT Water Index recording a loss of 4.5 per cent.
The market capitalisation of the 66 stocks in the ACT Australian CleanTech Index is $11.9 billion falling from its peak of $16.3 billion in July 2007 but up from its low of $6.2 billion in July 2012.
The month’s performance was driven by 16 companies with losses of more than 10 per cent. The
greatest losses were recorded by Australian Renewable Fuels (ARW), Ceramic Fuel Cells
(CFU) and Hot Rock (HRL).
These losses were partially offset by 14 companies recording gains of more than 10 per cent led by
Mission NewEnergy (MBT), Enerji (ERJ) and Soil Sub Technologies (SOI).
These best and worst performers are shown in the table below.
John O’Brien is managing director of Australian CleanTech.
The ACT Australian Cleantech Index is published each month on the Australian CleanTech website at www.auscleantech.com.au, in the Ethical Investor magazine, WME’s Environmental Management News, the Clean Energy Council website, the SIM Venture Securities Exchange website and the London-based Cleantech Investor.
Monthly results can be emailed directly to interested parties by signing up to the distribution list at http://www.auscleantech.com.au/Pages/cleantech.html.
For a full listing of all companies included in the ACT Australian CleanTech Index, please email your request to index@auscleantech.com.au.
Call 1300 880 160
Start a chat
Schedule a call
