Friday, March 8, 2013

Global Clean Energy Market Summary

Ben Gottesdiener is a junior at Washington University in St. Louis, majoring in Political Science with minors in Legal Studies and Institutional Social Analysis. Ben currently is interning with the ISI Group in Homebuilding Equity Research, and will spend the summer with Bank of America Merrill Lynch in Global Research. 

 In this article, Ben summarizes the three major global clean energy indexes over the course of the past week, and looks at their performance in comparison to the overall markets.

This week we saw strong growth across the globe in the Clean Energy Equity Markets. Both the Bloomberg Europe Middle East & Africa Clean Energy Index and the Americas Clean Energy Index, which track companies across the Clean Energy value chain in their respective regions, both grew nearly 2.5% this week with growth in the Asia and Oceana region reaching about .8% growth. This growth across the board still outperformed the overall market growth this week, with the exception of the EMEA Index, which underperformed the EURO STOXX 50 Index by .41%.   


Bloomberg / NYSE Index

WoW Change

Index

WoW Change

Outperform?

EMEA Clean Energy Index

2.43%

EURO STOXX 50

2.84%

NO

Americas Clean Energy Index

2.41%

Dow Jones Industrial Average

1.71%

YES

Asia and Oceana Clean Energy Index

.80%

S&P Asia 50

.80%

YES

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