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December 31, 2007 | Jim Lane | Comments 0

Biofuels Digest Indexâ„¢ jumps 1.70 percent to 52-week high of 135.83 as Archer-Daniels-Midland surges

The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, rose 1.70 percent on Friday to close at a 52-week high of 135.83. Archer Daniels Midland (ADM), up 2.28 percent to $47.09. led the way as investors continued to embrace biofuels in the wake of the signing of the Energy Act.

Mid cap ethanol, stocks were generally down on the day, eld by VeraSun Energy (VSE), down 4.07 percent to $15.09. Among small caps, BioSolutions Manufacturing (BSLM.OB) was off 17.95 percent to close at $0.032.

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

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