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August 28, 2008 | Jim Lane | Comments 0

Biofuels Digest Index jumps 1.91 percent to 73.59, halting week-long slide

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 1.91 percent yesterday to 73.59 ending a three-day slide. For the day, Archer Daniels Midland (ADM) gained 1.82 percent to $25.70, while Cosan (CZZ) gained 0.50 percent to close at $12.11.  Among small caps, Raven Biofuels (RVBN) gained 21.95 percent to close at $0.50.  Overall, advances led declines 3 to 2 for the day.

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