Biofuels Digest Index hits 26-month high of 75.69

October 29, 2010 | admin

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 1.26 percent to a new 26-month high of 75.69. For the day, Archer Daniels Midland (ADM) gained 0.69 percent to $33.45, while Codexis (CDXS) dropped another 4.00 percent to $8.87. Among other equities, PetroAlgae (PALG.OB) stormed to $13.99, up 27.18 percent. Overall, advances led declines 2 to 1 for the day.