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December 25, 2007 | Jim Lane | Comments 0

Biofuels Digest Indexâ„¢ reaches 52-week high of 131.25 as exchanges close for Christmas

The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, rose 1.06 percent to close at a 52-week high of 131.25 as the markets closed for the US Christmas holiday period. Diversified agribusinesses led the way, with The Andersons (ANDE) up 2.38 percent to $46.04.

Mid cap ethanol stocks were down as investors took profits from the recent run-up in stock prices; VeraSun Energy (VSE) was down 9.63 percent to $16.4. Among small caps, Xethanol jumped 52.53 percent to $0.8999 while Green Energy Resources (GRGR.PK) fell 6.67 percent to $0.14.

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    Filed Under: Biofuels Digest Index (BDI)Stock & Financial Outlook

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