Biofuels Digest Indexâ„¢ drops 1.05 percent to 122.43, as ethanol stocks falter
The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 1.05 percent Thursday to 122.43 as ethanol stocks and diversified agribusiness slipped back after five consecutive days of advances.
For the day, diversified agribusiness The Andersons (ANDE) fell 1.69 percent to close at $45.29. Among ethanol stocks, Pacific Ethanol (PEIX) fell 4.70 percent to $5.88, while BlueFire Ethanol (BFRE.OB) fell 5.13 percent to $3.70 despite a round of investor presentations.
Among small caps, Intrepid Technology & Resources (IESV.OB) fell 13.33 percent to $0.013 while Green Energy Resources (GRGR.PK) gained 14.29 percent to close at $0.16. Overall, advances and declines were even for the day.
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Filed Under: Biofuels Digest Index (BDI) • Stock & Financial Outlook
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