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Biofuels Digest Index recovers 2.56 percent to 129.64 on agribusiness, ethanol jumps

February 29, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 2.56 percent Thursday to close at 129.64 on gains by diversified agribusiness and ethanol stocks.  For the day, Archer Daniels Midland (ADM) jumped 1.20 percent to close at $46.47.

Among ethanol stocks, Aventine Renewable Energy (AVR) recovered 5.22 percent to $7.05. Among small caps, Xethanol (XNL) rose 10.64 percent to reach $0.52.  For the day, declines led advances 3 to 2.

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

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