The Biofuels Digest Indexâ„¢ (BDI) remained flat yesterday, rising 0.02 percent to 121.93 as slight increases at Archer Daniels Midland (ADM) and a bullish roar on Pacific Ethanol (PEIX) offset a biofuels investor retreat.
For the day, declines led advances 5 to 2, with Archer Daniels Midland (ADM) up 0.12 percent to $42.99, and Pacific Ethanol (PEIX) leaping 11.49 percent to $6.21 on news that it had received a $24 million grant from the Department of Energy for its cellulosic ethanol developments.
Among small caps, Green Plains Renewable Energy GPRE) was up 5.74 percent to $12.16, but biofuels stocks and the broader market failed to rally on the half-point interest rate cut by the Federal Reserve.
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The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, remained flat at 60.18 down 0.02 percent from Wednesday's close. For the day, Archer Daniels Midland (ADM) lifted 0.59 percent...
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 7.42 percent to 50.94 as markets see-sawed another day and ethanol stocks generally advanced. Archer Daniels Midland (A...
The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, rose 0.04 percent yesterday in flat trading to close at 112.55. The close represented a 52-week high for the Index.
Losers and ...
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, bounced up 5.48 percent to 56.59 on big gains by large caps and ethanol pure-plays. Archer Daniels Midland (ADM) soared 8.89 p...
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, soared 5.99 percent to 56.06, as large caps advanced again. The Index reached its highest point since January, as Archer Daniel...
The Biofuels Digest Index™, a basket of public biofuels stocks, fell 3.04 percent to 116.91 on concerns over the economy and the effect of rising commodity prices on ethanol margins. Every s...
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