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July 31, 2008 | Jim Lane | Comments 0

Biofuels Digest Index gains 0.50 percent to 82.76 on ethanol uptick

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained  0.50 percent to 82.76 as agribusiness and ethanol stocks advanced slightly.  For the day, Archer Daniels Midland (ADM) inched up 0.35 percent to $28.98, while Aventine Renewable Energy (AVR) rose 3.34 percent to close at $6.81 and pace the ethanol stocks.  Among small caps, Nova Biosource Fuels (NBF) rose 5.13 percent to $0.41. Overall, advances led declines 5 to 1 for the day.

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Filed Under: Biofuels Digest Index (BDI)

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