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August 26, 2008 | Jim Lane | Comments 0

Biofuels Digest Index falls 1.08 percent to all-time low of 72.67 on broad market sell-off

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.08 percent Monday to close at an all-time low of 72.67 amidst a large equity selloff on world markets. For the day, Archer Daniels Midland (ADM) fell 3.05 percent to $25.41, while Biofuel Energy (BIOF) lost 4.20 percent to close at $1.14. Among small caps, Momentum Biofuels (MMBF.OB) lost 54.55 percent to close at $0.25.  Overall, declines and advances were even for the day.

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