Digest Bioeconomy Index loses 1.82 percent to 50.03 as an oil price rally fizzles

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, lost 1.82 percent to 50.03 as an oil price rally fizzled. For the day, Abengoa (ABGB) rocketed up another 29.93 percent to $1.91 on good news in the bankruptcy negotiations, while Gevo (GEVO) dumped 10.81 percent to $0.40. Among other equities, Pacific Ethanol (PEIX) tumbled 9.66 percent to $4.26. Overall, declines led advances by a 3 to 1 ratio for the day.