Biofuels Digest Index rebounds to 84.79 as biogloom lifts

June 29, 2011 | admin

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rebounded 0.24 percent to 84.79 as the gloom lifted on advanced biofuels. For the day, Archer Daniels Midland (ADM) slipped 0.07 percent to $29.60, while Gevo (GEVO) soared 13.00 percent to $16.17. Among other equities, Pacific Ethanol (PEIX) sagged 5.04 percent to $1.32. Advances led declines 7 to 4 for the day.