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Biofuels Digest Index gains 2.43 percent to close at 128.12 on agribusiness jump

February 27, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 2.43 percent Tuesday to close at 128.12 as diversified agribusiness jumped while ethanol stocks recovered from a week-long slide.  For the day, The Andersons (ANDE) gained 4.48 percent to close at $47.06, to lead diversified agribusiness stocks.  Among ethanol stocks, Aventine Renewable Energy (AVR) gained 2.76 percent to $6.70 after a meltdown following a weak earnings release. Among small caps, Green Energy Resources (GRGR.PK) rose 7.69 percent to close at $0.14.  For the day, advances led declines 6 to 1.

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

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