Biofuels Digest Index gains 0.59 percent to 120.32 as agribusiness advances
April 10, 2008
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.59 percent to close at 120.32 as ethanol drops offset gains by small caps diversified agribusiness. For the day, Archer Daniels Midland (ADM) rose 0.90 percent to close at $43.62, while among ethanol stocks, Aventine Renewable Energy (AVR) fell 10.18 percent to $4.50 as corn reached $6 per bushel.
Among small caps, Green Shift (GERS.OB) gained 5.38 percent to close at $0.137 and Green Energy Resources (GRGR.PK) rose 8.33 percent to $0.13. Overall, advances and declines were even for the day.
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