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Biofuels Digest Index gains 1.2 percent to close at 123.90; ethanol stock improve on better margin outlook

February 18, 2008

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, gained 1.20 percent Friday to close at 123.90 as Archer Daniels Midland and leading ethanol producers made recoveries from Thursday declines.

For the day, sector giant Archer Daniels Midland (ADM) gained 1.38 percent to close at $44.13. Among ethanol stocks, Aventine Renewable Energy (AVR) improved 0.84 percent to reach $8.40 by close, while Pacific Ethanol (PEIX) fell 1.02 percent to $5.82.

Among small caps, Texcom (TEXC.PK) fell 19.19 percent to $0.08, while Intrepid Technology & Resources (IESV.OB) gained 7.69 percent to close at $0.014 after a major fall on Thursday. Overall, declines led advances 3 to 2 for the day.

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    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 2.60 percent to close at 52.45.  Archer Daniels Midland (ADM) rose 0.62 percent to $25.79, while Aventine Renewable Ener...
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    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.38 percent to close at 65.68 on selected gains in ethanol stocks. For the day, Archer Daniels Midland (ADM) rose 2.31 p...
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    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 1.27 percent to close at 85.44 on improvement in agribusiness and biodiesel.  For the day, Archer Daniels Midland (ADM) ...
  • Biofuels Digest Index gains 0.72 percent to 65.43 on ethanol advance
    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.72 percent to close at 65.43 on gains by selected ethanol stocks.   For the day, Archer Daniels Midland (ADM) was dow...

    Written by Jim Lane · Filed Under Biofuels Digest Index (BDI), Stock & Financial Outlook 

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