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October 02, 2008 | Jim Lane | Comments 0

Biofuels Digest Index falls 0.46 to 60.00 on large cap sag

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.46 percent to close at 60.00 as large caps weakened. For the day, Archer Daniels Midland (ADM) fell 2.28 percent to $21.41, while Aventine Renewable Energy (AVR) gained 8.23 percent to close at $3.42. Among small caps, Panda Ethanol (PDAE.OB) closed at $0.07, up 75 percent. Overall, advances led declines 3 to 2 for the day.


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