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Biofuels Digest Index gains 0.69 percent to close at 126.69 on agribusiness advance

April 18, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.69 percent to close at 126.49 as gains by Archer Daniels Midland and selected small caps offset ethanol weakness.  For the day, Archer Daniels Midland (ADM) gained 0.75 percent to $45.54, while Pacific Ethanol (PEIX) recovered 0.28 percent to $3.61.  Among small caps, Green Shift (GERS.OB) fell 8.33 percent to $0.11 , while BioSolutions Manufacturing (BSLM.OB) gained 23.08 percent to $0.008.  Overall, declines  led advances 3 to 2 for the day.

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

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