Cleantech stocks continue to soar in the post-Covid economy

Cleantech stocks continue to soar in the post-Covid economy


22 February 2021
As the Australian market continues its Covid recovery, the cleantech sector is flying as the transition to a low carbon economy accelerates. The Deloitte Australia CleanTech (DACT) Index rose by 33.9% over the quarter to December 2020, significantly outperforming the already strong growth of the ASX200.
Over the 2020 calendar year, while the ASX recorded a 1.5% loss, the DACT saw growth of 31.8%. Although the concept of green recovery was not a major theme in Australia compared to some other jurisdictions, the market seems to have made its own mind on the merits of that strategy. The five-year performance is even more compelling!

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