The Biofuels Digest Indexâ„¢, a basket of 21 public biofuels stocks, rose 1.62% to 99.28 following a pummeling earlier in the week. The Index remains down for the week as a whole but has recovered substantially from big losses triggered by analyst downgrades on weak ethanol pricing and rising costs.
Star performers were primarily among services companies, with Environmental Power (EPG) up 9.38% to $6.30 and Green Plains Renewable Energy up 4.57% to $10.71. Winners outpaced losers 3 to 1, with losses primarily occuring for microcap stocks, excepting MGP Ingredients down 4.6% to $11.62.
In the broader markets, the Dow was up 99.50 points to 13.878.15, the S&P 500 up 8.21 points to 1525.42 and the Nasdaq up 15.58 to 2699.03. All sectors including biofuels were assisted by news that the UAW strike against General Motors had been ended.
The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, leaped 3.14 percent to 128.46 on strong performances in the diversified agribusiness sector.
For the day, Archer Daniels ...
The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, rose 1.47 percent to reach 104.17, just 0.05 short of a 52-week high, as larger cap stocks advanced in line with a modest rise in ...
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 1.02 percent to 105.08 amidst a recovery from Friday's drop on bad economic data. For the day, Archer Daniels Midland (AD...
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 1.94 percent to 93.03 as the Midwestern floods crested. For the day, Archer Daniels Midland (ADM) gained 2.54 percen...
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 1.25 percent to 92.43, ending a weeklong freefall over the corn crisis that saw the Index drop to an all-time lows on ...
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 4.70 percent Friday to close the week at 85.02 on a surge in ethanol stocks. For the day, Archer Daniels Midland (ADM) ...
